LIC Housing Finance Limited (LICHFL) is one of the largest housing finance companies in India, primarily focused on providing long-term finance for residential purposes, including purchasing or constructing homes.

The company reported a marginal 3% increase in total revenue to Rs. 7,163 crores, with a 6% growth in the outstanding loan portfolio, highlighting a cautious but steady financial progression.

A significant strategic focus for LICHFL involves maintaining asset quality, with Stage-3 exposures improving from 3.06% to 2.51%, reflecting enhanced credit discipline and management efficiency.

Despite competitive pressures from aggressive PSU banks, LICHFL is prioritizing profitability over aggressive growth, suggesting a focus on sustaining healthy margins amid market changes.

LICHFL's management is exploring structural organizational changes and strengthening alternative distribution channels to address growth issues and enhance market competitiveness.