The company’s pre-provisional operating profit (PPOP) was at ₹2,008.36 crore, up 7% from last year and 6% from the previous quarter.
Its net interest income (NII) came in at ₹2,221.78 crore, up 3% from the year-ago period and 6% sequentially.LIC Housing Finance’s net interest margin expanded to 2.8% from the previous quarter’s 2.69% but contracted from 2.86% last year.
The company’s asset quality improved from the previous quarter. Its gross non-performing assets (GNPA) stood at 2.1% from 2.5% in December, while net NPA remained unchanged at 1.1%.Its credit cost was at 0.1% compared to 0.2% sequentially.
The company’s return on average equity (ROAE) was at 14% in the financial year 2026 compared to 16% last year, while its return on average assets (ROAA) was at 1.78% compared to 1.83% in FY25.
LIC Housing Finance’s highest repayment rates resulted in lower-than-expected loan growth.
Its disbursement growth was at 9.7% from last year compared to 30.6% in the previous quarter. Meanwhile, its loan growth was at 4.2% annually, and 2% sequentially.
Shares of LIC Housing Finance Ltd. ended the previous session 3.3% up at ₹586.5 apiece. The stock has gained 10.8% in the past month.
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