LIC Housing Finance Reports Quarterly Profit Climb Amid Sector Resilience
1 report, 1 independent
Updated Sat 00:00
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What happened
LIC Housing Finance Limited reported that its consolidated net profit climbed 11.7% for the quarter ended September 30, 2026, reaching ₹1,506.59 crore compared to ₹1,349.37 crore a year earlier. On a standalone basis, profit after tax increased 11.4% to ₹1,508.78 crore. The company also reported that its Stage 3 exposure at default fell to 2.05%.
From econotimes.com
Why it matters
The financial results indicate growth in the housing finance sector, with the outstanding loan portfolio rising 5% to ₹3,26,173 crore. Quarterly disbursements increased 11% to ₹18,127 crore, supporting the reported sector resilience.
From econotimes.com
Who's involved
- Sandeep KumarCEO who cited resilience in the housing sector
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The entities involved
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Sandeep Kumar
researcher (ORCID 0000-0003-1746-1818)
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