LIC Housing Finance Limited — Updates, 01-08-2025: Press Release
01-08-2025 | 10:25 pm
01-08-2025 | 10:25 pm
LIC Housing Finance reports strong Q1 FY26. Profit after tax rose 5% to Rs. 1359.92 Cr, with total outstanding loan portfolio growing 7% to Rs. 309587 Cr. Individual home loan disbursements increased 3% to Rs. 11247 Cr, though project loan disbursements saw a decline. Asset quality improved significantly, with Stage 3 Exposure at Default down to 2.62%. The company reduced lending rates and introduced zero processing fees to boost housing credit. Management anticipates continued strong momentum in affordable housing due to urbanization and government support.
No comments yet. Be the first to comment!
