Signaling a robust revival in the country's real estate sector, LIC Housing Finance (LICHF) has recorded 17% jump in its net profit clocking Rs. 370.02cr in the just concluded fourth quarter, said official sources, claiming that the total income of the housing finance major rose by 19% to Rs. 2,478cr from Rs. 2,075cr in the preceding financial year. For the fiscal ended March, 2014, the company posted a 29% increase in net profit to Rs. 1,317.19cr from Rs. 1,023.21cr in the previous year and its income during the fiscal rose to Rs. 9,335cr from Rs. 7,659cr in the previous financial year recording an increase of 22%.
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