LIC Housing Finance Q2 Net Profit Grows to Rs 1,509 Crore

Revenue for the quarter stood at Rs 7,175.08 crore, reflecting steady performance compared to last year.

Reader Takeaway: Steady profit growth provides comfort, though investors should monitor future impacts from the internal loan portfolio reclassification.

What just happened

LIC Housing Finance released its standalone financial results for the second quarter and half-year ended September 30, 2026. The board approved these results, which show a solid uptick in profitability. The company reported a net profit of Rs 1,508.78 crore for the quarter, rising from Rs 1,353.87 crore in Q2 FY26. Earnings per share (EPS) for the quarter stood at Rs 27.43, up from Rs 24.61 in the year-ago period.

Why this matters

The steady increase in net profit indicates that the company is managing its interest margins and loan book effectively despite market volatility. A key development this quarter was the reclassification of Rs 19,610 crore from 'housing finance' to 'non-housing finance'. While large in value, the company clarified that this is a structural change and has no material impact on its aggregate loan assets or overall financial health.

Risks to watch

Investors should pay close attention to future disclosures regarding how the loan reclassification influences capital adequacy ratios. Maintaining stable asset quality amidst shifting segments is crucial for long-term consistency.

Context metrics

• H1 FY27 Net Profit: Rs 2,997.10 crore (vs Rs 2,713.79 crore in H1 FY26).
• Security Cover: 1.24 times for non-convertible debentures (NCDs).
• Dividend: Final dividend of Rs 10 per share was paid in September 2026.