DBT Bureau
Pune, 31 Oct 2026
LIC Housing Finance Limited has reported an 11% year-on-year (YoY) increase in its net profit for the second quarter of FY2026-27, supported by growth in loan disbursements and higher interest income.
The company’s net profit after tax (PAT) stood at ₹1,508.78 crore in Q2 FY27, compared with ₹1,353.87 crore in the same quarter last year.
LIC Housing Finance Q2 financial performance
The company’s profit before tax (PBT) increased 13% to ₹1,918.55 crore from ₹1,704.71 crore in Q2 FY26.
Revenue from operations grew 1% to ₹7,175 crore against ₹7,074 crore in the corresponding quarter last year. Net interest income (NII) also increased 2% to ₹2,088 crore from ₹2,038 crore.
However, the net interest margin (NIM) stood at 2.58%, slightly lower than 2.62% reported in the year-ago quarter.
Loan disbursements increase 11%
LIC Housing Finance recorded total loan disbursements of ₹18,127 crore during Q2 FY27, registering an 11% growth compared with ₹16,313 crore in the same quarter last year.
Retail loan disbursements increased 10% to ₹17,563 crore from ₹15,935 crore. Project loan disbursements recorded stronger growth of 49% to ₹564 crore against ₹378 crore in the year-ago period.
The company’s outstanding loan portfolio increased 5% to ₹3,26,173 crore as of September 30, 2026, compared with ₹3,11,816 crore a year earlier.
Retail loans grew 4% to ₹3,16,433 crore, while the project loan portfolio increased 12% to ₹9,740 crore.
H1 FY27 net profit rises 10%
For the first six months of FY27, LIC Housing Finance reported a 10% increase in net profit to ₹2,997.10 crore, compared with ₹2,713.79 crore in the corresponding period last year.
Profit before tax increased 12% to ₹3,806.98 crore from ₹3,403.87 crore. Net interest income rose 1% to ₹4,163 crore.
Total loan disbursements during the first half increased 13% to ₹33,140 crore from ₹29,429 crore in the year-ago period.
Revenue from operations remained almost flat at ₹14,236 crore, compared with ₹14,243 crore in H1 FY26.
Speaking on the performance, Sandeep Kumar, Managing Director & Chief Executive Officer of LIC Housing Finance Limited said, “The housing finance sector has remained resilient in the last quarter with stable demand in the retail housing segment. Our performance during this quarter reflects our continued focus on sustainable growth, customer-centricity and operational efficiency. Our priority remains to strengthen our market presence while making homeownership accessible to a wider section of customers. In the near future, we expect borrower sentiment to remain positive, which will be supported by underlying strength of the Indian economy, favourable demographics and ongoing government focus on housing.”
