DBT Bureau
Pune, 30 Oct 2025
The Board of Directors of LIC Housing Finance Ltd. announced its unaudited results for the second quarter ended on September 30, 2025, following its approval by the board of directors in the meeting held in Mumbai on October 29, 2025.
The results are as per the Indian Accounting Standards i.e., IndAS notifications issued by the Ministry of Corporate Affairs and National Housing Bank in April 2018.
Performance highlights at a glance – Q2 FY2026
(Figures in Rs. Crores)
| Quarter Ended September 2025 | Quarter Ended September 2024 | Variation (%) | |
| Revenue from operations | 7163 | 6926 | 3% |
| Net Interest Income | 2038 | 1974 | 3% |
| Profit Before Tax | 1704.71 | 1664.36 | 2% |
| Net Profit after tax | 1353.87 | 1328.89 | 2% |
| Net Interest Margin | 2.62% | 2.71% | |
| Outstanding Loan Portfolio | 311816 | 294588 | 6% |
(1 crore =10 million)
Performance highlights for the quarter ended September 30, 2025
Total disbursements were at Rs. 16313 crs in Q2 FY2026, as against Rs. 16476 crs for the corresponding period in Q2 FY2025.Out of this, disbursements in the Individual Home Loan segment were at Rs 13490 crs against Rs 13051 crs in Q2 FY2025, a growth of 3 %. Project loans were at Rs. 378 crs as compared with Rs 1397 crs for the same quarter in the previous year.
The company’s total income for the Q2FY2026 quarter was Rs. 7170 crs as compared to Rs 6932 crs during the same quarter in the previous year. The company’s revenue from operations grew to Rs. 7163 crs as against Rs. 6926 crs in Q2 FY2025, a growth of 3 %.
Net Interest Income (NII) stood at Rs. 2038 crs, as against Rs 1974 crs for the same period in the previous year. Net interest margin (NIM) for the quarter stood at 2.62 % as against 2.71 % for Q2 FY 2025 and 2.68 % for Q1 FY2026.
Profit Before Tax for the quarter was Rs. 1704.71 crs as against Rs 1664.36 crs in Q2 FY2025, a growth of 2 %. Net profit after tax stood at Rs. 1353.87 crs, as compared with Rs 1328.89 crs during the same period in the previous year, showing a growth of 2 %.
The Loan Portfolio stood at Rs. 311816 crs as against Rs 294588 crs on September 30, 2024, a growth of 6 %. Out of which Individual Home Loans grew by 5 % from Rs 250879 crs to Rs. 264096 crs as on September 30, 2025.
Under IndAS 16, asset classification and provisioning changes for future credit loss are reported on an Expected Credit Loss (ECL) basis. As per the same methodology, the provisions for ECL stood at Rs. 5074 crs with a coverage of 53% on Stage 3 as on September 30, 2025, as against Rs 5458 crs as on September 30, 2024. During the quarter, the Company has done a technical write-off of Rs. 133 cr.
The Stage 3 exposure on default as on September 30, 2025 stood at 2.51 % as against 3.06% as on September 30, 2024 and 2.62 % as on June 30, 2025.
Performance highlights at a glance – H1 FY2026
(Figures in Rs. Crores)
| Six Months Ended September 2025 | Six Months Ended September 2024 | Variation (%) | |
| Revenue from operations | 14396 | 13709 | 5% |
| Total Income Incl Other Income | 14403 | 13716 | 5% |
| Net Interest Income | 4104 | 3963 | 4% |
| Net Profit Before Tax | 3403.87 | 3292.79 | 3% |
| Net Profit after Tax | 2713.79 | 2629.10 | 3% |
| Net Interest Margin | 2.65% | 2.73% |
(1 crore =10 million)
During the six months ended September 30, 2025, the total Disbursements for the company stood at Rs 29429 crs as against Rs 29391 crs for the same period of the previous year. Out of this, the Individual Home Loan Segment registered a disbursement of Rs. 24737 crs, as against Rs 23983 crs for H1 ended September 30, 2024, up by 3%; whereas Project Loans were Rs 534 crs as against Rs 1918 crs for H1 ended September 30, 2024.
The company’s Total Income was Rs. 14403 crs as against Rs 13716 crs during the same period of the previous year, up by 5 %. Revenue from Operations were Rs. 14396 crs as against Rs 13709 crs in the same period last year, up by 5 %.
Net Interest Income (NII) for six months was Rs. 4104 crs as against Rs 3963 crs during the same period previous year, up by 4 %.
Net profit before tax (PBT) for HI FY2026 was Rs. 3403.87 crs as against Rs 3292.79 crs during the same period previous year, up by 3 %.
Net Profit After Tax (PAT) for the six months ended September 30, 2025, was Rs. 2713.79 crs as against Rs 2629.10 crs during the same period previous year, a growth of 3 %.
Net Interest Margin (NIM) for six months ended September 30, 2025 stood at 2.65 % as against 2.73% for the corresponding period ended September 30, 2024.
Speaking on the performance, Tribhuwan Adhikari, Managing Director & Chief Executive Officer of LIC Housing Finance Limited said, “Our Q2 FY2026 results reflect a continued momentum within the housing finance sector, and we anticipate a positive business growth during the current financial year due to lower interest rates, improved sentiments and a favourable macroeconomic environment. With partnerships, AI-enabled workflows and our single-product focus, we’re transforming home-finance into a seamless digital journey for India’s next-generation home-buyers. As we move ahead, our focus remains on the affordable and mid-segment housing markets, which continue to benefit from supportive government initiatives such as PMAY 2.0. Wishing everyone a very happy festive season.”
