NEW DELHI: LIC Housing Finance has shown a slight increase of 1.63% in its consolidated net profit for the quarter ending September 30, 2025. The profit after tax reached ₹1,349.37 crore in Q2 FY26, compared to ₹1,327.79 crore from the same quarter of the previous fiscal year, according to a BSE filing.
The net consolidated total income for the company amounted to ₹7,179.77 crore in Q2 FY26, marking a growth of 3.48% from ₹6,938.31 crore reported during the same period last year.
Tribhuwan Adhikari, the Managing Director & CEO, stated, “Our Q2 FY2026 results reflect ongoing momentum in the housing finance sector, and we expect positive business growth for the current financial year, driven by lower interest rates, enhanced sentiment, and a supportive macroeconomic environment.”
As of September 30, 2025, the company’s net worth was ₹36,796.70 crore, with a debt-equity ratio of 7.59. The total debt to total assets ratio stood at 0.88%. The operating margin was 23.64%, the net profit margin 18.84%, gross non-performing assets were at 2.51%, net NPA was 1.19%, and the liquidity coverage ratio was 185.86%.
Total disbursements reached ₹16,313 crore in Q2 FY2026, compared to ₹16,476 crore during the corresponding period in Q2 FY2025. Individually, disbursements in the home loan segment were ₹13,490 crore, an increase from ₹13,051 crore in Q2 FY25, representing a growth of 3%. Project loans decreased to ₹378 crore from ₹1,397 crore during the same quarter last year.
Net interest income (NII) stood at ₹2,038 crore, compared to ₹1,974 crore for the same period last year. The net interest margin (NIM) for the quarter was 2.62%, down from 2.71% in Q2 FY25 and 2.68% in Q1 FY26.
The total loan portfolio reached ₹3,11,816 crore, up from ₹2,94,588 crore as of September 30, 2024, reflecting a growth of 6%. The individual home loans segment grew by 5%, rising from ₹2,50,879 crore to ₹2,64,096 crore as of September 30, 2025.
The provisions for Expected Credit Loss (ECL) were at ₹5,074 crore, showing a coverage of 53% on stage 3 as of September 30, 2025, down from ₹5,458 crore on September 30, 2024. During the quarter, the company recorded a technical write-off of ₹133 crore.
The stage 3 exposure on default as of September 30, 2025, was 2.51%, compared to 3.06% on September 30, 2024, and 2.62% as of June 30, 2025.
