LIC Housing Finance Reports 9% Increase in Q4 Profit Despite Declining Income
LIC Housing Finance Q4 result: PAT rises 9% to ₹1,497 cr despite low income
Business Standard
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LIC Housing Finance reported a 9% increase in net profit to ₹1,497 crore for Q4 FY26, despite a drop in total income to ₹7,195 crore. The company saw a 10% rise in total disbursements, reflecting sustained demand and efficient operations.
- 01Net profit rose to ₹1,497 crore, a 9% increase from the previous year.
- 02Total income declined to ₹7,195 crore, down from ₹7,283 crore.
- 03Net Interest Income increased by 3% to ₹2,222 crore.
- 04Total disbursements reached ₹21,019 crore, a 10% increase.
- 05A dividend of ₹10 per equity share has been proposed, subject to approval.
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LIC Housing Finance reported a 9% increase in net profit, reaching ₹1,497 crore for the fourth quarter ending March 2026, compared to ₹1,368 crore in the same quarter last year. Despite this profit growth, the company's total income fell to ₹7,195 crore, down from ₹7,283 crore in the previous fiscal year. Interest income also decreased to ₹7,009 crore from ₹7,117 crore. However, the Net Interest Income (NII) rose by 3% to ₹2,222 crore. The company achieved total disbursements of ₹21,019 crore, marking a 10% increase from ₹19,156 crore in the corresponding period of FY25. The Net Interest Margin (NIM) slightly declined to 2.80% from 2.85% in Q4 FY25. Managing Director and CEO Tribhuwan Adhikari highlighted the sustained demand driven by digital infrastructure and stable interest rates. For the entire financial year 2025-26, LIC Housing Finance's profit was ₹5,595 crore, up 3% from ₹5,429 crore in FY25, with total income increasing to ₹28,772 crore. The board has proposed a dividend of ₹10 per equity share, pending shareholder approval.
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The increase in profit and disbursements indicates a positive trend in the housing finance sector, which could benefit homebuyers through increased lending and potentially lower interest rates.
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