LIC Housing Finance, the mortgage arm of LIC, anticipates a net profit of Rs 5,000 crore in the current fiscal year, citing strong loan demand and non-core business expansion. The non-core sectors, including Loan Against Property (LAP) and affordable housing finance, contribute to the positive outlook. The company’s focus on the affordable housing segment in tier-2 and tier-3 markets aligns with its mission to enable millions of Indians to own homes within a moderate budget. The CEO emphasized ongoing digital transformations for improved service standards. Despite a slightly conservative Net Interest Margin (NIM) outlook due to high funding costs, LIC Housing Finance expects a robust financial performance by the end of the fiscal year.