Mumba: LIC Housing Finance Limited (BSE: 500253, NSE: LICHSGFIN), India’s largest housing finance company, announced its unaudited financial results for the third quarter ended December 31, 2025. The company reported a marginal decline in net profit, while key business metrics like net interest income and disbursements showed healthy growth.
Financial Performance Snapshot (Q3 FY26 vs Q3 FY25)
| Parameter | Q3 FY26 | Q3 FY25 | Change |
|---|---|---|---|
| Net Profit After Tax | ₹1,383.95 Cr | ₹1,431.96 Cr | -3% |
| Profit Before Tax | ₹1,742.51 Cr | ₹1,793.44 Cr | -3% |
| Net Interest Income (NII) | ₹2,102 Cr | ₹2,000 Cr | +5% |
| Revenue from Operations | ₹7,187 Cr | ₹7,057 Cr | +2% |
| Net Interest Margin (NIM) | 2.69% | 2.70% | -1 bps |
Also Read: SAIL Q3 FY26 Results: Net Profit Surges 60% YoY to ₹1,554 Crore
Strong Business Growth Metrics
The company demonstrated robust operational performance during the quarter:
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Total Disbursements: ₹16,096 crore, up 4% year-on-year
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Individual Home Loan Disbursements: ₹13,094 crore, up 7% YoY
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Non-Housing Individual Loans: ₹2,304 crore, up 10% YoY
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Outstanding Loan Portfolio: ₹3,14,268 crore, a growth of 5% YoY
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Individual Home Loan Portfolio: ₹2,65,890 crore, up 4% YoY
Asset Quality and Provisions
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Stage 3 Exposure (Gross NPA): Improved to 2.45% from 2.75% in December 2024 and 2.51% in September 2025
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Expected Credit Loss (ECL) Provisions: ₹5,105 crore as of December 31, 2025
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Provision Coverage Ratio: 54%
Nine-Month Performance (Apr-Dec 2025)
For the nine-month period of FY26, the company reported:
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Net Profit: ₹4,097.74 crore, up 1% from ₹4,061.06 crore in 9M FY25
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Net Interest Income: ₹6,206 crore, up 4% YoY
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Profit Before Tax: ₹5,146.38 crore, up 1% YoY
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Total Disbursements: ₹45,525 crore
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Net Interest Margin: 2.66%
Management Commentary
Shri Tribhuwan Adhikari, Managing Director & CEO, commented on the results: “Our Q3 FY26 performance has been steady, with sequential improvement in both margins and asset quality. The reduction in borrowing cost has further supported margin expansion and profitability.”
He added, “Looking ahead, we expect the forthcoming Union Budget to provide additional boost to the housing sector, particularly across the affordable and mid-income segments. Traditionally, the January-March quarter has been a strong period for the housing finance industry, and we expect to close the financial year with good numbers.”
Segment-Wise Performance
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Individual Home Loans: Continued to be the growth driver with portfolio reaching ₹2.66 lakh crore
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Project Loans: Portfolio stood at ₹8,827 crore as of December 31, 2025
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Non-Housing Loans: Showed strongest growth at 10% YoY in disbursements
About LIC Housing Finance Limited
Promoted by the Life Insurance Corporation of India in 1989, LIC Housing Finance Ltd. is India’s largest housing finance company with one of the widest networks across the country and a representative office in Dubai. The company enjoys the highest credit ratings from CRISIL and CARE.
For further information, please visit: www.lichousing.com