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LIC Housing Finance Q4 profit rises 9% to Rs 1,497 crore

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May 13, 2026
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LIC Housing Finance reported 9.4% rise in fourth quarter net profit at Rs 1,497 crore as compared with Rs 1,368 crore in the year ago period, helped by lower provisions even as its earnings dipped.

The lender’s total income stood lower at Rs 7195 crore against Rs 7281 crore.

The provisions to cover bad loans were lower at Rs 74 crore against Rs 104 crore.

Its annual net profit stood at Rs 5595 crore in FY26 as compared with Rs 5429 crore in the preceding fiscal. The company board recommended a dividend of Rs 10 per equity share of face value Rs 2 for FY26, making it a 500% dividend.

Signature Global reduces net debt by 77%

Signature Global has reduced the net debt by 77% in FY26 to Rs 200 crore from Rs 880 crore in FY25.

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The company reported a significant year-on-year increase in profit after tax (PAT), reaching Rs 1,090 crore in FY26 compared to Rs 101 crore in FY25. The company also reported a jump in revenue to Rs 2,600 crore in FY26 compared to Rs 2,500 crore in FY25.

As of 31 March 2026, the company held Rs 2,770 crore in cash and cash equivalents, providing significant liquidity to support its future growth plans while collections stood at Rs 4,010 crore during the year.The company’s pre-sales during FY26 stood at Rs 8,250 crore, while average sales realization improved to Rs 15,250 per sq. ft. in FY26 from INR 12,457 per sq. ft. in FY25, driven by higher sales in premium markets and price increases across key regions.

“During the year, we also expanded our growth horizon through our entry into the commercial real estate segment via a strategic joint venture, which represents an important step in our long-term growth strategy,” said Pradeep Kumar Aggarwal, Chairman and Whole-Time Director.

Tags: commercial real estatecroredividend declarationfinanceHousingLIClic housing financenet debt reductionprofitQ4 profitrisesSignature Global
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May 13, 2026
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May 13, 2026
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LIC Housing Finance Q4 profit rises 9% to Rs 1,497 crore

LIC Housing Finance Q4 profit rises 9% to Rs 1,497 crore

May 13, 2026
Plane crashes off the east coast of Florida, leading to dramatic sea rescue of 11

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