Thrifts and Mortgage Finance
Company Overview of LIC Housing Finance Limited
LIC Housing Finance Limited provides loans for purchase, construction, repair and renovation, etc. of houses or flats for individuals, corporate bodies, builders, and co-operative housing societies in India. The company offers finance on existing property for business or personal needs; loans to professionals for the purchase and construction of clinics, nursing homes, diagnostic centers, and office space, as well as for the purchase of equipment; and finance to individuals engaged in the business of construction and sale of houses or flats for residential purpose. It is also involved in setting up, running, and maintaining assisted living community center/care homes for senior citizens; mar...
Founded in 1989
Key Executives for LIC Housing Finance Limited
Chief Financial Officer
Total Annual Compensation: 1.8M
General Manager of Taxation, Compliance Officer and Company Secretary
Total Annual Compensation: 2.0M
Compensation as of Fiscal Year 2016.
LIC Housing Finance Limited Key Developments
LIC Housing Finance Limited Recommends Dividend for Financial Year 2016-2017, Paid on or after August 19, 2017
Apr 25 17
LIC Housing Finance Limited announced that the Board of Directors of the company in its meeting held on April 25, 2017, approved recommendation of dividend for Financial year 2016-2017 at 310% that is INR 6.20 per equity share of INR 2 each. The dividend on equity shares will be paid on or after August 19, 2017.
LIC Housing Finance Ltd. Reports Audited Standalone Earnings Results for the Fourth Quarter and Full Year Ended March 31, 2017
Apr 25 17
LIC Housing Finance Ltd. reported audited standalone earnings results for the fourth quarter and full year ended March 31, 2017. For the quarter, the company’s standalone total revenue was INR 36,618.607 million compared to INR 32,739.410 million a year ago. Profit before extraordinary and exceptional items and tax was INR 8,060.987 million compared to INR 6,942.699 million a year ago. Profit from ordinary activities before tax was INR 8,060.987 million compared to INR 6,942.699 million a year ago. Net profit for the period was INR 5,291.867 million or INR 10.49 per basic and diluted share, compared to INR 4,480.174 million or INR 8.88 per basic and diluted share, a year ago.
For the year to date, the company’s standalone total revenue was INR 140,803.498 million compared to INR 124,854.68 million a year ago. Profit before extraordinary and exceptional items and tax was INR 29,557.736 million compared to INR 25,635.534 million a year ago. Profit from ordinary activities before tax was INR 29,557.736 million compared to INR 25,635.534 million a year ago. Net profit for the period was INR 19,310.501 million or INR 38.26 per basic and diluted share, compared to INR 16,607.905 million or INR 32.91 per basic and diluted share, a year ago.
LIC Housing Finance Limited to Report Q4, 2017 Results on Apr 25, 2017
Apr 17 17
LIC Housing Finance Limited announced that they will report Q4, 2017 results on Apr 25, 2017
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