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Informist, Wednesday, Oct. 29, 2025

 

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--LIC Housing: Liquidity coverage ratio 185.86% on Sept 30 vs 197.18% yr ago 
--LIC Housing: Provision coverage ratio 53.20% as on Sept 30 vs 49.42% yr ago 
--LIC Housing net NPA stage 3 ratio 1.19% as on Sept 30 vs 1.57% year ago 
--LIC Housing gross NPA stage 3 ratio 2.51% as on Sept 30 vs 3.05% year ago 
--LIC Housing Apr-Sept revenue INR 143.96 bln vs INR 137.09 bln year ago 
--LIC Housing Apr-Sept net profit INR 27.14 bln vs INR 26.29 bln year ago 
--LIC Housing Jul-Sept revenue INR 71.63 bln vs INR 69.26 bln year ago 
--LIC Housing Jul-Sept net profit INR 13.54 bln vs INR 13.29 bln year ago 
--Analysts saw LIC Housing Finance Jul-Sept net profit at INR 13.47 bln 
--LIC Housing Finance Jul-Sept net profit INR 13.54 bln 

 

By Pratiksha

 

NEW DELHI – LIC Housing Finance Ltd.'s net profit for the September quarter rose only marginally on year as provisions posted the biggest on-year jump in four years. Healthy growth in interest income supported the company's bottom line.

 

The housing financier reported a net profit of INR 13.54 billion, up just 2% on year and down 0.4% on quarter. The net profit was, however, slightly higher than the Street estimates. Analysts had expected the company to post a profit of INR 13.47 billion.

 

LIC Housing's provisions rose to INR 1.68 billion in the September quarter, up a whopping 117% on year. Sequentially, however, provisions fell 13%. 

 

The company's finance cost rose to INR 49.95 billion in the quarter under review from INR 48.80 billion a year ago, which also weighed on its bottom line. Total expenses rose 3.8% on year to INR 54.65 billion during Jul-Sept.

 

LIC Housing's total revenue from operations was INR 71.63 billion, up 3.4% on year but down 1% on quarter. Interest income made up over 98% of the total revenue from operations, registering an on-year growth of 2.6% during Jul-Sept to INR 70.34 billion.

 

In the September quarter, LIC Housing Finance's gross non-performing asset ratio improved to 2.51% from 3.05% a year ago, while net NPA ratio improved to 1.19% from 1.57% in Jul-Sept last year. The company's provision coverage ratio was 53.20%, slightly higher than the 49.42% a year ago.

 

Its liquidity coverage ratio was 185.86% at the end of September, as compared to 197.18% at end of the year-ago quarter. The company released its financial results post market hours. On Wednesday, shares of the company closed at INR 593.45 on the National Stock Exchange, up 1.3%.

 

For the first six months of the current financial year, the company's net profit was up 3.2% on year at INR 27.14 billion. Total revenue from operations was up 5% on year at INR 143.96 billion. LIC Housing Finance did not release its investor presentation or press release at the time of reporting.  End

 

Edited by Ashish Shirke

 

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