NEW DELHI: LIC Housing Finance has reported a 2.55% decline in its net consolidated profit for the quarter ending December 31, 2025. The profit after tax was ₹1,398.27 crore for Q3 FY26, down from ₹1,434.89 crore in the same quarter last year, according to a BSE filing.
The company recorded a net consolidated total income of ₹7,214.28 crore for Q3 FY26, reflecting a 2.04% increase from ₹7,069.99 crore in the corresponding quarter of the previous fiscal year.
Tribhuwan Adhikari, Managing Director & CEO, stated, “Our Q3 FY26 performance has been consistent, showing sequential improvement in both margins and asset quality. A reduction in borrowing costs has further contributed to margin expansion and profitability. Historically, the January-March period has been strong for the housing finance industry, and we anticipate ending the financial year with favorable results.”
As of December 31, 2025, the company’s net worth was ₹38,200.57 crore, with a debt-equity ratio of 7.30, total debts to total assets ratio of 0.87, and an operating margin of 23.84%. The gross non-performing assets (NPA) stood at 2.45%, while the net NPA was 1.13%.
Total disbursements in Q3 FY26 amounted to ₹16,096 crore, a 4% increase from ₹15,475 crore in Q3 FY25. This included individual home loan disbursements of ₹13,094 crore, up 7% from ₹12,248 crore, and non-housing individual loan disbursements of ₹2,304 crore, a 10% growth from ₹2,094 crore. Project loans totaled ₹583 crore compared to ₹983 crore in the same quarter the previous year.
The individual home loan portfolio reached ₹2,65,890 crore compared to ₹2,54,652 crore, showing a 4% increase. The project loan portfolio was ₹8,827 crore as of December 31, 2025, compared to ₹8,776 crore a year earlier. Overall, the total outstanding portfolio grew by 5% to ₹3,14,268 crore, up from ₹2,99,144 crore.
As of December 31, 2025, provisions for expected credit loss (ECL) were ₹5,105 crore with a coverage ratio of 54%, compared to ₹4,974 crore a year earlier and ₹5,074 crore at the end of Q2 FY26. The stage 3 exposure at default was 2.45%, down from 2.75% on December 31, 2024, and 2.51% on September 30, 2025.
