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
LIC Housing Finance stock price has been in a down trend as per the bearish pattern like lower tops and bottoms over the last two months
The company's disbursements have been slower than its peers in last few quarters. Earlier this month, PNB Housing's reported a 30% rise in disbursements for the third quarter
Total disbursements for the housing finance company rose by 12 per cent to Rs 16,476 crore in the quarter under review, compared to Rs 14,665 crore in the corresponding period in Q2 FY24
The housing finance company will pay an annual coupon of 7.57 per cent and had invited bids from bankers and investors earlier in the day
Bajaj Housing, which is backed by the Bajaj Group, has between FY22 and FY24 grown exceptionally in terms of assets under management and profit, according to analysts
Technical Outlook: RECL, PFC can potentially rally up to 17 per cent from here on; while Birlasoft and LTIMindtree may witness a sharp fall, suggests technical charts.
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.
In the past one year, this non-banking financial services (NBFC) stock has surged 16 per cent, as against a 12 per cent jump in the S&P BSE Sensex
Improvement in interest income and margins crucial for investor sentiment to revive
Net interest income and margin both decline; disbursements up 4% to Rs 16,786 crore
Says hike is in line with market scenario; rates are still very competitive and demand for home loans is to likely to sustain
The strong demand in real estate -- residential, commercial, and logistics -- is giving confidence to the likes of JM Finance, Piramal, LIC Housing, and Indiabulls Housing Finance
LIC Housing Finance's (LIC HFC) net profit rose 6 per cent year-on-year (YoY) to Rs 767.33 crore in the third quarter.
India Post Payments Bank (IPPB) has joined hands with LIC Housing Finance for selling housing finance products of the latter to its 4.5 crore customers, a statement said on Tuesday.
Mortgage financier LIC Housing Finance on Friday said it has reduced its interest rates to 6.66 per cent for home loans up to Rs 50 lakh.
Lender's capitalisation may restrict growth and it's asset quality could be worse if a Supreme Court order is disregarded.
Collection efficiency for non-moratorium customers for the month of September 2020 stood at 96%
The proposal will be taken up at its annual general meeting on September 28 for approval from shareholders
Policyholders are requested to stay indoors and avoid visiting any office to pay premium. They can, however, use online services of LIC