Conference Call with LIC Housing Finance Management and Analysts on Q2FY26 Performance and Outlook. Listen to the full earnings transcript.
LIC Housing Finance announced Q2FY26 results Net Interest Income (NII) stood at Rs 2,038 crore, as against Rs 1,974 crore for the same period in the previous year. Net interest margin (NIM) for the quarter stood at 2.62 % as against 2.71 % for Q2FY25 and 2.68 % for Q1FY26. Profit Before Tax for the quarter was Rs 1,704.71 crore as against Rs 1,664.36 crore in Q2 FY2025, a growth of 2 %. Net profit after tax stood at Rs 1,353.87 crore, as compared with Rs 1,328.89 crore during the same period in the previous year, showing a growth of 2 %. The Loan Portfolio stood at Rs 3,11,816 crore as against Rs 2,94,588 crore on September 30, 2024, a growth of 6 %. Out of which Individual Home Loans grew by 5 % from Rs 2,50,879 crore to Rs 2,64,096 crore as on September 30, 2025. Under IndAS 16, asset classification and provisioning changes for future credit loss are reported on an Expected Credit Loss(ECL) basis. As per the same methodology, the provisions for ECL stood at Rs 5,074 crore with a coverage of 53% on Stage 3 as on September 30, 2025, as against Rs 5,458 crore as on September 30, 2024. During the quarter, the Company has done a technical write-off of Rs 133 crore. The Stage 3 exposure on default as on September 30, 2025 stood at 2.51 % as against 3.06% as on September 30, 2024 and 2.62 % as on June 30, 2025. Tribhuwan Adhikari, Managing Director & Chief Executive Officer, LIC Housing Finance, said: “Our Q2FY26 results reflect a continued momentum within the housing finance sector, and we anticipate a positive business growth during the current financial year due to lower interest rates, improved sentiments and a favourable macroeconomic environment. With partnerships, AI-enabled workflows and our single-product focus, we’re transforming home-finance into a seamless digital journey for India’s next-generation home-buyers. As we move ahead, our focus remains on the affordable and mid-segment housing markets, which continue to benefit from supportive government initiatives such as PMAY 2.0. Wishing everyone a very happy festive season.” Result PDF
