December 25, 2014 11:04 AM ET

Thrifts and Mortgage Finance

Company Overview of LIC Housing Finance Ltd.

Company Overview

LIC Housing Finance Limited provides loans for purchase, construction, repairs, and renovation etc., of houses/flats to individuals, corporate bodies, builders, and co-operative housing societies in India. It also provides finance on existing property for business/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 of houses or flats for residential purpose and to be sold by them, as well as public deposit schemes. In addition, the company is involved in setting up, running, and maintaining assisted ...

131 Maker Tower, F Premises

13th Floor

Cuffe Parade

Mumbai,  400005

India

Founded in 1989

1,190 Employees

Phone:

91 22 2217 8600

Fax:

91 22 2217 8777

Key Executives for LIC Housing Finance Ltd.

Chief Executive Officer
Age: 54
Total Annual Compensation: $630.6K
Compensation as of Fiscal Year 2014.

LIC Housing Finance Ltd. Key Developments

LIC Housing Finance Ltd. Announces Unaudited Standalone Earnings Results for the Second Quarter and Six Months Ended September 30, 2014

LIC Housing Finance Ltd. announced unaudited standalone earnings results for the second quarter and six months ended September 30, 2014. For the quarter, the company reported total income from operations of INR 26,275.732 million against INR 22,485.102 million a year ago. Profit from operations before other income and exceptional items were INR 4,858.654 million against INR 3,677.527 million a year ago. Profit from ordinary activities before tax was INR 5,169.849 million against INR 4,236.557 million a year ago. Net profit for the period was INR 3,413.619 million against INR 3,100.704 million a year ago. Basic and diluted earnings per share were INR 6.76 against INR 6.39 a year ago. For the six months, the company reported total income from operations of INR 51,387.002 million against INR 43,953.777 million a year ago. Profit from operations before other income and exceptional items were INR 8,396.649 million against INR 7,626.994 million a year ago. Profit from ordinary activities before tax was INR 10,051.430 million against INR 8,476.738 million a year ago. Net profit for the period was INR 6,639.584 million against INR 8,205.774 million a year ago. Basic and diluted earnings per share were INR 13.15 against INR 12.29 a year ago.

LIC Housing Finance Ltd., Board Meeting, Oct 18, 2014

LIC Housing Finance Ltd., Board Meeting, Oct 18, 2014. Agenda: To consider unaudited financial results for the second quarter ended September 30, 2014.

LIC Housing Finance Ltd. to Report Q2, 2015 Results on Oct 18, 2014

LIC Housing Finance Ltd. announced that they will report Q2, 2015 results on Oct 18, 2014

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