LIC Housing Finance Profit Rises 11% to 1,508.78 Crore Rupees in Second Quarter
Key Facts
LIC Housing Finance announced unaudited results on October 30 for the second quarter ended September 30, 2026, reporting profit after tax of 1,508.78 crore rupees, up 11%, according to the company’s official homepage. The results announcement covered the 2026-2027 financial period, according to the company statement. Profitability led the quarter’s performance, while revenue from operations growth remained limited at 1%. Net interest income also rose 2%, a measure reflecting the difference between financing income and its cost. The available figures show profit growing faster than revenue and net interest income during the period.
Revenue from operations was 7,175 crore rupees in the second quarter of financial year 2026-2027, compared with 7,074 crore rupees in the corresponding period a year earlier, according to Free Press Journal coverage. Net interest income rose to 2,088 crore rupees from 2,038 crore rupees. The comparison translates to annual increases of 1% in revenue and 2% in net interest income. These indicators show limited expansion in operating activity compared with profit growth of 11%. The coverage reported these figures as revenue from operations and net interest income, two separate items in the quarterly results.
For the first half ended September 30, 2026, profit after tax reached 2,997.10 crore rupees, up 10% from 2,713.79 crore rupees in the corresponding period a year earlier, according to Free Press Journal. This comparison provides a picture of accumulated earnings over six months alongside the standalone quarter’s result. First-half growth means the increase recorded in the second quarter came within a positive annual profit performance over the broader period. The figures published here do not provide further quarterly detail for the first half. Profit after tax remains a different measure from revenue from operations and net interest income.
Published results for the second quarter of the previous financial year provide comparative context: profit after tax then stood at 1,353.87 crore rupees, compared with 1,328.89 crore rupees in the earlier period, a 2% increase, according to the company’s statement at the time. Profit growth in that quarter was therefore slower than the 11% increase the company reported for the second quarter of financial year 2026-2027. The company also reported a net interest margin of 2.62% in the second quarter of financial year 2025-2026, compared with 2.71% a year earlier and 2.68% in the first quarter of the same financial year. These earlier figures document a margin decline across both annual and quarterly comparisons at the time. The evidence does not include a net interest margin figure for the current quarter.
On credit quality, stage three exposure stood at 2.51% on September 30, 2025, compared with 3.06% on September 30, 2024, and 2.62% on June 30, 2025, according to the company’s statement for the second quarter of financial year 2025-2026. This ratio measures exposure classified as stage three, and the comparison shows it declined on both an annual and quarterly basis during that period. It should not be treated as the net non-performing loan ratio, as the statement reports a different measure. The available evidence does not provide an updated value for this indicator on September 30, 2026. The asset quality figures reported here therefore remain tied to the earlier period specified in the disclosure.
In its second-quarter disclosure for the previous financial year, the chief executive said the company expected positive business growth during the financial year, citing lower interest rates, improved sentiment and a favorable macroeconomic environment. The statement said: "We expect positive business growth during the current financial year on the back of lower interest rates, improved sentiment and a favorable macroeconomic environment." This outlook dates to the 2025 results statement and is not new guidance for the quarter ended September 30, 2026. The latest specific date in the current results is the company’s announcement on October 30; the evidence includes no later date or new management outlook.