LIC Housing Finance Ltd. reports Q1 FY27 results; Profit After Tax rises 9.4%

LIC Housing Finance Ltd. reports Q1 FY27 results; Profit After Tax rises 9.4%​

LIC Housing Finance Limited has reported its standalone audited results for the first quarter ended on June 30, 2026. The company saw a net profit after tax (PAT) increase to Rs 1488.32 crs, marking a rise of 9.4%, while total disbursements reached Rs 15014 crs, up by 14.5%.

The Board of Directors of LIC Housing Finance Ltd. announced the results following its approval in a meeting held on July 30, 2026, in Mumbai.

Performance Highlights at a Glance​

During the quarter ended June 30, 2026, total disbursements stood at Rs 15014 crs, compared to Rs 13116 crs in the corresponding period of FY 2026. These disbursements were distributed across segments: Individual Home Loan segment accounted for Rs 12119 crs (up 8% from Rs 11247 crs in Q1 FY2026), while the NonHousing Individual Loan segment saw growth of 20%, reaching Rs 1975 cr (compared to Rs 1647 cr). Furthermore, Project loans grew substantially by 459%, totaling Rs 872 cr against Rs 156 cr in Q1 FY2026.

The company’s revenue from operations stood at Rs 7062.45 crs, down marginally compared to Rs 7169.32 crs in Q1 FY2026. Net Interest Income (NII) was recorded at Rs 2075.52 crs, up slightly from Rs 2064.71 crs for the same period in the previous year. The Net Interest Margin (NIM) for the quarter stood at 2.58%, down from 2.68% in Q1 FY2026. Profit Before Tax reached Rs 1888.43 crs, representing an 11% increase over the Rs 1699.16 crs recorded in Q1 FY2026.

Net Profit After Tax was reported at Rs 1488.32 crs when compared to Rs 1359.92 crs during the corresponding period of the previous year.

Asset Growth and Risk Management​

The total outstanding portfolio grew by 4%, reaching Rs 322098 crs from Rs 309587 crs in the earlier year. Specifically, the Individual Home Loan portfolio expanded to Rs 271979 Cr as of June 30, 2026, up from Rs 262411 cr recorded on June 30, 2025. The Project loan portfolio grew by 8% to reach Rs 9687 crs, up from Rs 8950 crs as of June 30, 2025.

Under the Expected Credit Loss (ECL) methodology mandated by IndAS 109, provisions for ECL stood at Rs 4398.43 crs as of June 30, 2026, compared to Rs 5051.27 crs on June 30, 2025. The Stage 3 Exposure at Default as of June 30, 2026, stood at 2.14% against 2.62% as of June 30, 2025.

Management Outlook and Recognition​

Commenting on the company’s performance, Shri Tribhuwan Adhikari, Managing Director & Chief Executive Officer of LIC Housing Finance Limited, stated that their results reflect the strength derived from a customer-centric approach combined with disciplined execution and operational efficiency, facilitating sustainable growth.

Shri Adhikari noted that the company recently celebrated 37 years by launching the 'Har Ghar Ka Humsafar' campaign, which reaffirms its commitment to expanding homeownership in India. He also highlighted that LIC Housing Finance was recognized as the 'Best Housing Finance Company' by the National Housing Bank for the second consecutive year, underscoring the trust placed by customers and stakeholders.

Looking ahead, he expressed confidence, anticipating a stable interest rate environment and a positive growth trajectory for the country, which should favor the sector despite global geopolitical conflicts.

About LIC Housing Finance Ltd.​

LIC Housing Finance Ltd. is described as one of India's largest housing finance companies, possessing an extensive network of offices across the nation and a representative office in Dubai. The company was promoted by Life Insurance Corporation in 1989 and conducted a public issue in 1994. It holds the highest credit rating of AAA/Stable from CRISIL & CARE, signifying strong financial stability regarding its ability to service interest and repay principal.

LICHSGFIN Stock Price Movement​

Shares of LIC Housing Finance Limited slipped on Thursday, shedding 2.21% as the stock settled at ₹540.90 after trading from a previous close of ₹553.45. The equity closed amidst significant volume, with approximately 1.51 million shares being traded during the session.