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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 w
Mortgage lender LIC Housing Finance on Friday reported a more than two-fold jump in profit at Rs 1,163 crore in the third quarter ended December 2023. The housing finance subsidiary of LIC had earned a net profit of Rs 480 crore in the same quarter a year ago. Its total income increased to Rs 6,792 crore during the quarter under review against Rs 5,876 crore in the same period last year, LIC Housing Finance said in a regulatory filing. The interest income of the company rose to Rs 6,744 crore as against Rs 5,839 crore in the third quarter of the previous year. During the quarter ended December 31, 2023, the company has made a provision of Rs 50.32 crore in respect of Investment in Alternate Investment Funds (AIFs) pursuant to a Reserve Bank of India circular dated December 19, 2023. However, the company's Capital Adequacy Ratio improved to 19.77 per cent as against 17.74 per cent at the end of December 2022.