sector: Financials ·
industry: Consumer Financial Services ·
As of
11:00am IST
855.50INR
LIC Housing Finance Limited is an India-based company. The Company is engaged in the business of providing loans for purchase, construction, repairs and renovation of houses/flats to individuals, corporate bodies, builders and .co-operative housing societies and has its operations within India. The Company’s subsidiaries include LICHFL Care Homes Limited, which is engaged in the business of setting up, running and maintaining assisted living community centre/ care homes for senior citizens; LICHFL Financial Services Limited, which is engaged in the business of marketing various financial products and services; LICHFL Asset Management Company Private Limited, which is engaged in business of managing, advising, administering mutual funds, unit trusts, investment trusts and to act as financial and investment advisors and render financial advisory services, and LICHFL Trustee Company Private Limited, which acts as a trustee to venture capital trusts and funds.
BRIEF: For the fiscal year ended 31 March 2009, LIC Housing Finance Limited's revenues increased 34% to RS29.03B. Net income increased 37% to RS5.37B. Revenues reflect an increase in operating income and presence of commission income. Net income also reflects decreased traveling & conveyance expense, decreased directors sitting fees, fall in advertisement & publicity expense and decreased competition prizes & conference expenses.
LIC Housing Finance Limited
2nd Floor, Bombay Life Bldg.
45/47, Veer Nariman Road
Mumbai 400 001