Mumbai, October 30, 2026: LIC Housing Finance Ltd. has announced its unaudited financial results for the second quarter of the fiscal year 2026-27, ending on September 30, 2026. The company reported a profit after tax of Rs. 1,508.78 crore, marking an 11% increase compared to Rs. 1,353.87 crore in the same quarter of the previous year. This growth is attributed to a robust performance in the retail loan segment and improved operational efficiency.
The total disbursements for the quarter reached Rs. 18,127 crore, reflecting an 11% increase from Rs. 16,313 crore in the corresponding period of the previous year. The retail loan segment contributed significantly to this growth, with disbursements rising by 10% to Rs. 17,563 crore. Project loans also saw a substantial increase, with disbursements of Rs. 564 crore, up by 49% from the previous year.
The company’s revenue from operations for Q2 FY2027 was Rs. 7,175 crore, a slight increase from Rs. 7,074 crore in the previous year. Net interest income (NII) stood at Rs. 2,088 crore, compared to Rs. 2,038 crore in the same period last year. However, the net interest margin (NIM) for the quarter slightly declined to 2.58% from 2.62% in Q2 FY2026. The outstanding loan portfolio grew by 5% to Rs. 3,26,173 crore, with retail loans accounting for a significant portion of this growth.
The company’s performance is in line with the Indian Accounting Standards (IndAS) and reflects a strategic focus on sustainable growth and customer-centricity. Under IndAS 109, the provisions for expected credit loss (ECL) stood at Rs. 4,292 crore, with a coverage of 49% on Stage 3 as of September 30, 2026. The Stage 3 exposure on default improved to 2.05% from 2.51% in the previous year.
Analysts observe that LIC Housing Finance Ltd.’s results demonstrate resilience in the housing finance sector, supported by stable demand in the retail housing segment. The company’s focus on operational efficiency and market presence is expected to sustain its growth trajectory. The positive borrower sentiment and favourable economic conditions in India are anticipated to further bolster the company’s performance in the coming quarters.
