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PNB Housing Finance's Consolidated Profit Rises in Fiscal Q4

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-- PNB Housing Finance's (NSE:PNBHOUSING, BOM:540173) consolidated attributable profit rose to 6.56 billion Indian rupees in the fiscal fourth quarter ended March 31 from 5.50 billion rupees a year ago.

Earnings per share came in at 25.11 rupees from 21.10 rupees a year earlier, according to a Monday filing to the Indian stock exchanges by the housing finance company. The EPS was higher than the 21.26 estimated by the analysts polled by Visible Alpha.

Revenue from operations in fiscal Q4 also increased to 21.8 billion rupees from 20.2 billion rupees a year ago.

The company's board recommended a final dividend of 8 rupees per equity share of face value of 10 rupees each for the financial year ended March 31.

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