(Reuters) - U.S. homebuilder Lennar Corp reported a 50 percent rise in quarterly profit as it sold more homes at higher prices, and said orders rose 22 percent.
Net income attributable to Lennar rose to $245.3 million for the fourth quarter ended Nov. 30, or $1.07 per share, from $164.1 million, or 73 cents per share, a year earlier.
Total revenue rose about 35 percent to $2.58 billion.
(Reporting by Ankit Ajmera in Bengaluru; Editing by Saumyadeb Chakrabarty)
