LIC Housing Finance Q1 Profit Rises 9.4% to ₹14.88 Billion

MUMBAI — LIC Housing Finance Limited announced a 9.4% year-on-year increase in Net Profit After Tax (PAT) to ₹14.88 billion (₹1,488.32 crore) for the first quarter ended June 30, 2026. The Mumbai-headquartered mortgage lender disclosed its audited financial results following approval by its Board of Directors on July 30, 2026.

The earnings expansion was supported by a 14.5% increase in total loan disbursements, which reached ₹150.14 billion (₹15,014 crore) during Q1 FY27, compared to ₹131.16 billion in the corresponding period of the previous fiscal year. A significant surge in project loan disbursements contributed to overall portfolio expansion.

Breakdown of Q1 FY27 Financial and Operational Results

LIC Housing Finance reported operational stability across its core lending segments. Revenue from operations for the quarter stood at ₹70.62 billion (₹7,062.45 crore), compared to ₹71.69 billion in Q1 FY26.

Net Interest Income (NII) edged higher to ₹20.76 billion (₹2,075.52 crore), up from ₹20.65 billion in the previous year's first quarter. Net Interest Margin (NIM) settled at 2.58% for Q1 FY27, compared with 2.68% reported in Q1 FY26. Profit Before Tax (PBT) reached ₹18.88 billion (₹1,888.43 crore), marking an 11% year-on-year increase.

Loan Portfolio and Segmental Disbursements

Total outstanding loans under management grew 4% year-on-year to ₹3,220.98 billion (₹3,22,098 crore) as of June 30, 2026, up from ₹3,095.87 billion.

• Individual Home Loans: Disbursements grew 8% to ₹121.19 billion (₹12,119 crore) from ₹112.47 billion in Q1 FY26. The total individual home loan portfolio expanded to ₹2,719.79 billion.

• Non-Housing Individual Loans: Disbursements rose 20% to ₹19.75 billion (₹1,975 crore) compared to ₹16.47 billion in the same period last year.

• Project Loans: Project loan disbursements surged 459% to ₹8.72 billion (₹872 crore) from ₹1.56 billion in Q1 FY26. The total project loan portfolio grew 8% to ₹96.87 billion.

Asset Quality and Provisioning Improvements

Under IndAS 109 accounting standards, LIC Housing Finance reported improved asset quality indicators and lower expected credit loss provisions.

Stage 3 Exposure at Default (EAD), representing non-performing assets, declined to 2.14% as of June 30, 2026, compared to 2.62% as of June 30, 2025. Total provisions for Expected Credit Loss (ECL) stood at ₹43.98 billion (₹4,398.43 crore) at the close of Q1 FY27, down from ₹50.51 billion recorded a year earlier.

Official Sources Section

Financial performance data and executive commentary were formally disclosed through regulatory submissions:

• Official earnings press release and standalone audited results filed with
  BSE Limited
  (Scrip Code: 500253).

• Regulatory disclosures submitted to the
  National Stock Exchange of India Limited
  (Symbol: LICHSGFIN EQ).

• Financial notifications published on the official portal of
  LIC Housing Finance Limited

Quote Section

According to Tribhuwan Adhikari, Managing Director & Chief Executive Officer of LIC Housing Finance Limited:

"Our performance during the first quarter reflects the strength of this customer-centric approach, which, along with disciplined execution and operational efficiency, has enabled us to achieve sustainable growth. Looking ahead, we expect a stable interest rate environment along with positive growth trajectory for our country, which will provide a favourable backdrop for the sector."

Why It Matters

The first-quarter results demonstrate resilience in India's retail mortgage market, supported by expanding homeownership demand and accelerating developer project funding. For investors and homeowners, improving asset quality ratios and steady disbursement growth signal sustained stability within India's largest housing finance institution.

Key Facts at a Glance

• Q1 PAT: ₹14.88 billion (₹1,488.32 crore), up 9.4% year-on-year.

• Disbursements: ₹150.14 billion (₹15,014 crore), up 14.5%.

• Loan Portfolio: Reached ₹3,220.98 billion (₹3,22,098 crore).

• Asset Quality: Stage 3 Exposure at Default improved to 2.14% from 2.62%.

• Project Loan Surge: Project loan disbursements grew 459% to ₹8.72 billion.

Frequently Asked Questions (FAQ)

What was LIC Housing Finance's net profit for Q1 FY27?

LIC Housing Finance reported a net profit after tax of ₹14.88 billion (₹1,488.32 crore) for Q1 FY27, marking a 9.4% increase from ₹13.60 billion in Q1 FY26.

How much did total loan disbursements grow during the quarter?

Total disbursements rose 14.5% year-on-year to ₹150.14 billion (₹15,014 crore) in Q1 FY27, driven by individual home loans and project finance.

How did the company's asset quality perform in Q1 FY27?

Asset quality improved, with Stage 3 Exposure at Default dropping to 2.14% as of June 30, 2026, down from 2.62% reported on June 30, 2025.

What is the current size of LIC Housing Finance's loan portfolio?

The total outstanding loan portfolio grew 4% year-on-year to reach ₹3,220.98 billion (₹3,22,098 crore) at the end of June 2026.

Source: Audited financial statements filed with BSE Limited, National Stock Exchange of India Limited, and LIC Housing Finance Limited.