LIC Housing Finance Limited has announced its financial results for the quarter and year ended March 31, 2026. The company reported robust growth, with a net profit of ₹5,595.15 crore for the financial year. The Board has recommended a final dividend of ₹10 per equity share, representing 500% of the face value, subject to shareholder approval. Additionally, the company announced the appointment of Shri Sandeep Kumar as the new Chief Operating Officer.
Financial Performance Highlights
For the financial year ended March 31, 2026, LIC Housing Finance reported a total income of ₹28,771.66 crore, reflecting solid operational performance. The net profit after tax for the same period stood at ₹5,595.15 crore, compared to ₹5,429.02 crore in the previous fiscal year. Earnings per share for the year were reported at ₹101.72.
Dividend Recommendation
The Board of Directors has recommended a final dividend of ₹10 per equity share for the financial year 2025-2026. This dividend payout is equivalent to 500% of the face value of ₹2 per share. The final payment is subject to approval by the company’s shareholders at the upcoming Annual General Meeting and will be disbursed within 30 days of approval.
Strategic Leadership Update
During the meeting held on May 13, 2026, the Board formally appointed Shri Sandeep Kumar as the Chief Operating Officer of the company. Shri Kumar brings over three decades of distinguished experience in marketing and administrative functions within the organization. Prior to this role, he successfully served as the Director & CEO of LIC HFL Financial Services Limited.
Consolidated Results and Operational Context
On a consolidated basis, the company reported a net profit of ₹5,604.24 crore for the fiscal year 2026. The company continues to maintain a strong focus on its core business of providing loans for the purchase and construction of residential properties, with no separate reportable segments identified outside of its integrated financial operations.
Source: BSE