LIC Housing Finance reported a 9% year-on-year increase in net profit to ₹1,497 crore for the fourth quarter ended March 2026, despite a decline in overall income during the period.
The company had posted a net profit of ₹1,368 crore in the corresponding quarter of the previous fiscal year.
According to its regulatory filing, total income declined to ₹7,195 crore in Q4 FY26 from ₹7,283 crore in the same quarter last year.
Interest income also moderated to ₹7,009 crore during the quarter compared to ₹7,117 crore in Q4 FY25.
However, the housing finance company managed to improve profitability through controlled expenditure and steady loan disbursement growth.
Net Interest Income (NII) rose 3% to ₹2,222 crore in Q4 FY26 from ₹2,165 crore a year earlier.
Total loan disbursements increased 10% to ₹21,019 crore during the quarter, compared to ₹19,156 crore in the same period last year.
The company’s Net Interest Margin (NIM) slightly moderated to 2.80% from 2.85% in Q4 FY25.
On the expense front, total expenses declined to ₹5,260 crore in the March quarter from ₹5,512 crore in the year-ago period.
“During the last quarter of FY26, LIC Housing witnessed sustained demand momentum enabled by efficient digital infrastructure, stable interest rate environment and our continued focus on cost optimisation plus customer-centricity,” said Tribhuwan Adhikari, Managing Director and CEO of LIC Housing Finance.
For the full fiscal year FY26, the company reported a profit of ₹5,595 crore, compared to ₹5,429 crore in FY25, reflecting a growth of around 3%.
Its total income for FY26 rose to ₹28,772 crore from ₹28,046 crore in the previous fiscal year.
The company said it remains optimistic about the housing finance sector, supported by urbanisation trends, stable demand, and continued policy support for housing.
The board of directors also recommended a dividend of ₹10 per equity share for FY26, subject to shareholder approval.
LIC Housing Finance remains one of India’s largest mortgage lenders and competes with players such as HDFC Ltd, PNB Housing Finance, and Aavas Financiers.