Total disbursements were at Rs. 13116 crs in Q1 FY2026, as against Rs 12915 crs for the corresponding period in FY 2025, up by 2%. Out of this, disbursements in the Individual Home Loan segment were at Rs. 11247 crs against Rs 10932 crs in Q1 FY2025, up by 3%, whereas Project loans were at Rs. 156 crs compared with Rs 521 crs in Q1 FY2025.
The Board of Directors of LIC Housing Finance Ltd. (BSE:500253; NSE: LICHSGFIN) announced its standalone audited results for the first quarter ended on June 30, 2025, following its approval by the Board of Directors in a meeting held in Mumbai on August, 01, 2025.
Speaking on the performance, Shri Tribhuwan Adhikari, Managing Director & Chief Executive Officer of LIC Housing Finance Limited said, "We reached a significant milestone, when our company completed 36 years recently. Over the years we have had unwavering dedication to facilitating homeownership throughout India. The current year has started off strongly as we reduced the lending rates during this quarter in view of RBI rate cut. Additionally, we also introduced zero processing fee, in order to ease access to housing credit. Continuing our journey to transform the customer experience, we launched our updated website, which provides a smooth, tech-enabled experience. With increasing urbanization and government incentives like PMAY, affordable housing remains a key segment, for which we expect strong momentum in the current financial year.”
The company's revenue from operations grew to Rs. 7233.13 crs as against Rs. 6783.67 crs in Q1 FY2025, up by 7%.
Net Interest Income (NII) stood at Rs 2065.78 crs, as against Rs 1989.08 crs for the same period the previous year. Net Interest Margin (NIM) for the quarter stood at 2.68 % as against 2.76% for Q1 FY 2025.
Profit Before Tax for the quarter was Rs. 1699.16 crs as against Rs 1628.43 crs in Q1 FY2025, an increase of 4%.
Net Profit After Tax stood at Rs. 1359.92 crs compared with Rs 1300.21 crs during the same period in the previous year, an increase of 5%.
The Individual Home Loan portfolio stood at Rs. 262411 Cr as on June 30, 2025, as against Rs. 246275 cr as on June 30, 2024, up by 7%. The Project loan portfolio stood at Rs. 8950 crs as on June 30, 2025, as against Rs 8099 crs as on June 30, 2024, up by 10%. The total outstanding portfolio grew by 7% to Rs. 309587 crs from Rs 288665 crs in the earlier year.
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. 5051.27 crs as on June 30, 2025, as against Rs 5670.07 crs as on June 30, 2024. The Stage 3 Exposure at Default as of June 30, 2025, stood at 2.62% against 3.30% as of June 30, 2024.
