Archive · 31 Jan 2026
LIC Housing Finance Q3 profit declines 3%
LIC Housing Finance, a company that gives out loans for houses, recently announced its results for the third quarter of the financial year 2026.
They made a bit less profit compared to the same time last year, but their overall money coming in stayed about the same.
They also gave out the same amount of loans and had better quality loans, which means they are less likely to lose money on them.
So, even though they made a little less profit, other parts of their business are doing well.
LIC Housing Finance reported a 3% decline in net profit for Q3 FY26.
Revenue saw a marginal increase year-on-year.
Loan growth and disbursements remained steady.
Asset quality improved with lower Stage 3 exposure.
Net interest income and margins supported the revenue increase.
- Who
- LIC Housing Finance
- What
- Reported a 3% decline in Q3 profit
- When
- Q3 FY26
- Where
- Not specified
- Why
- Not explicitly stated, but factors include stable revenue and improved asset quality
- Company
- LIC Housing Finance
- Quarter
- Q3 FY26
- Net Profit Change
- 3% decline
- Revenue Change
- Marginal increase
- Loan Growth
- Steady
- Asset Quality
- Improved
- Stage 3 Exposure
- Lower