L I C Housing Finance disclosed a marginal rise in standalone net profit for the quarter ended June 2014. During the quarter, the profit of the company rose 3.80% to Rs 3,223.07 million from Rs 3,105.07 million in the same quarter previous year.
Net sales for the quarter rose 16.77% to Rs 25,091.27 million, compared with Rs 21,489 million for the prior year period.
Earnings per share for the quarter stood at Rs 6.39, registering 3.90% growth over previous year period.
| Quarterly Results - Standalone (Rs in mn) |
| As at | Jun - 14 | Jun - 13 | %Change |
| Net Sales | 25,091.27 | 21,488.68 | 16.77 |
| Net Profit | 3,223.07 | 3,105.07 | 3.80 |
| Basic EPS | 6.39 | 6.15 | 3.90 |
Shares of the company declined Rs 15.75, or 5.05%, to trade at Rs 295.85. The total volume of shares traded was 490,018 at the BSE (1.37 p.m., Friday).
