Mumbai: LIC Housing Finance Ltd. has reported a strong financial performance for the first quarter of FY2026-27, with net profit increasing by 9.4% year-on-year to ₹1,488.32 crore, driven by healthy loan disbursements and steady portfolio growth. The company’s Board of Directors approved the quarterly results during its meeting held in Mumbai.
During the April-June 2026 quarter, total loan disbursements increased 14.5% to ₹15,014 crore, compared to ₹13,116 crore in the corresponding period last year. Individual home loans accounted for ₹12,119 crore, while non-housing individual loans grew 20% to ₹1,975 crore. Project loan disbursements witnessed significant growth, reaching ₹872 crore during the quarter.
The company’s Profit Before Tax (PBT) stood at ₹1,888.43 crore, registering an 11% increase over the previous year’s first quarter. Meanwhile, Net Interest Income (NII) rose marginally to ₹2,075.52 crore, while the Net Interest Margin (NIM) stood at 2.58%.
LIC Housing Finance’s outstanding loan portfolio expanded by 4% to ₹3,22,098 crore as of June 30, 2026. The Individual Home Loan portfolio reached ₹2,71,979 crore, reflecting continued demand in the housing finance segment despite evolving market conditions.
The company also reported an improvement in asset quality. Under the Expected Credit Loss (ECL) framework, provisions declined to ₹4,398.43 crore, while the Stage 3 Exposure at Default improved to 2.14%, compared to 2.62% a year earlier.
Commenting on the results, Tribhuwan Adhikari, Managing Director & Chief Executive Officer of LIC Housing Finance Ltd., said the company recently launched its ‘Har Ghar Ka Humsafar’ campaign to reinforce its commitment towards expanding homeownership in India. He added that disciplined execution, customer-centricity and operational efficiency have enabled the company to deliver sustainable growth. He also highlighted that LIC Housing Finance was recognised by the National Housing Bank as the ‘Best Housing Finance Company’ for the second consecutive year.
LIC Housing Finance expects a stable interest rate environment and favourable macroeconomic conditions to support continued growth in the housing finance sector in the coming quarters.