LIC Housing Finance Shares Drop 7% Despite 9% Rise in Q4 Profit and ₹10 Dividend Announcement
LIC Housing Finance falls 7% despite Q4 PAT rises 9%; ₹10 dividend declared
Business Standard
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LIC Housing Finance shares fell nearly 7% to ₹548.50 despite a 9% year-on-year increase in consolidated net profit to ₹1,497.41 crore for Q4 FY2026. The company also announced a ₹10 dividend per share, pending shareholder approval.
- 01LIC Housing Finance reported a 9% increase in Q4 FY2026 net profit to ₹1,497.41 crore.
- 02Shares dropped nearly 7% to ₹548.50 despite positive earnings.
- 03The company declared a final dividend of ₹10 per share, subject to AGM approval.
- 04Total disbursements rose by 10% year-on-year to ₹21,019 crore.
- 05The stock has underperformed over the past year, declining 9%.
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LIC Housing Finance saw its shares decline by nearly 7% to ₹548.50 on Thursday, despite reporting a 9% year-on-year increase in consolidated net profit for Q4 FY2026, amounting to ₹1,497.41 crore. The company's net interest income also grew by 3% to ₹2,221.7 crore, although its interest margin contracted slightly. Total income fell by 1% to ₹7,194.3 crore. The firm announced a final dividend of ₹10 per equity share for FY2026, pending shareholder approval at the upcoming Annual General Meeting (AGM). Total disbursements reached ₹21,019 crore, marking a 10% increase compared to the previous year. Despite outperforming the broader market in 2026, the stock has slipped 9% over the past year.
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The decline in LIC Housing Finance shares could affect investor confidence and may influence home loan rates for borrowers.
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