• Home >
  • Investors >
  • Press Releases
Press Releases March,2012
LIC Housing Finance FY 2012 net profit Rs 914.20 crores, Board proposes 180% dividend
FY 2012 Income from operations at Rs 5983 cr, up by 34%
FY 2012 Individual Loan Portfolio up by 28 % to Rs 59895 crores
Gross NPA down from 0.47% to 0.42%
LIC Housing Finance FY 2012 net profit Rs 914.20 crores
Q4 Individual Loan Disbursements up by 22%
Board proposes 180% dividend

Mumbai, April 25, 2012: LIC Housing Finance announced its audited results for the year ended March 2012, following its approval by the Board of Directors in a meeting held in Mumbai on April 25, 2012.

Performance Highlights – Q4 FY 2012

(Figures in Rs. crores)

  Quarter Ended March 2012 Quarter Ended March 2011 Variation
Individual Loan Disbursements 6345 5216* 22%
Income from operations 1628 1294 26%
Total Income incl. other income 1689 1392 21%
Profit before other income & exceptional items 322 369 (13%)
Net Profit after Tax 253.60 314.77 (19%)

1 crore =10 million

Excluding staff loan portfolio of Rs 1245 cr taken over from LIC of India

During the Q4 FY12 in the individual loan category, the Company disbursed loans totaling Rs 6345 cr, as compared to Rs 5216 cr in the fourth quarter of the previous year, a growth of 22%.

Loan disbursements to developers were Rs 274 cr as against Rs 333 cr for the corresponding period of the previous year.

The Company's Income from operations for the fourth quarter ended March 2012 was Rs.1628 crores as against Rs.1294 crores during the

same period last year, a growth of 26%. The total income for the fourth quarter ended March 2012 was Rs 1689 cr as against Rs 1392 cr for the corresponding period of the previous year, a growth of 21%.

Profit from operations before other income & exceptional items for the quarter ended March 31, 2012 stood at Rs. 322 cr as against Rs. 369 cr for the same period of the previous year.

Net Profit for the quarter ended March 31, 2012 amounted to Rs. 253.60 crore as compared to Rs. 314.77 crore in the corresponding quarter of the previous year.

Net Interest Margins for the Q4 FY12 stood at 2.44% as against 2.27% for Q3FY12.

 

Site best viewed in resolution of 1024x768

2016 LICHFL. All rights reserved