LIC Housing Finance Q4 Profit Up 9% to ₹1,497 Crore

LIC Housing Finance has reported a 9 per cent rise in net profit at Rs 1,497 crore in the fourth quarter ended March 2026.

The company had a net profit of Rs 1,368 crore in the same quarter of the previous fiscal.

However, total income declined to Rs 7,195 crore in the March quarter of FY26, from Rs 7,283 crore in the corresponding quarter in the previous financial year, LIC Housing Finance said in a regulatory filing on Wednesday.

Interest income too moderated to Rs 7,009 crore during the period under review, from Rs 7,117 crore in the corresponding quarter a year ago.

Net Interest Income (NII) rose to Rs 2,222 crore, as against Rs 2,165 crore for the same period in the previous year, up by 3 per cent.

Total disbursements were at Rs 21,019 crore as against Rs 19,156 crore for the corresponding period in 2024-25, up by 10 per cent, it said.

Net Interest Margin (NIM) for the quarter moderated to 2.80 per cent as against 2.85 per cent in for Q4 FY25.

However, the mortgage lender was able to contain its expenses with total expenses easing to Rs 5,260 crore from Rs 5,512 crore in the same quarter of the previous year.

"During the last quarter of FY26, LIC Housing witnessed a sustained demand momentum enabled by efficient digital infrastructure, stable interest rate environment and our continued focus on cost optimisation plus customer-centricity," MD and CEO Tribhuwan Adhikari said.

For the full financial year 2025-26, the housing finance subsidiary of LIC earned a profit of Rs 5,595 crore, as against Rs 5,429 crore in FY25, registering a growth of 3 per cent.

Total Income in FY26 increased to Rs 28,772 crore, from Rs 28,046 crore in the preceding fiscal.

"As we enter the new financial year, we remain optimistic about the housing sector outlook, driven by urbanisation and continued policy support. We will maintain our emphasis on expanding reach, enhancing digital capabilities, and delivering sustainable growth while preserving asset quality and profitability," he added.

The board recommended a dividend of Rs 10 per equity share (500 per cent of the face value of Rs 2 per unit) for 2025-2026, subject to shareholders' approval.