LIC Housing Finance Ltd posted a 4.4% year-on-year increase in net profit for the June quarter, coming in at ₹1,364 crore compared with ₹1,306 crore a year ago.
The company’s revenue from operations rose 7% to ₹7,233 crore, while net interest income (NII) also edged up 4% YoY to ₹2,076 crore.
Total disbursements during the quarter stood at ₹13,116 crore, up from ₹12,915 crore in Q1 FY25. Of this, individual home loan disbursements accounted for ₹11,247 crore, up 3% YoY. However, project loan disbursements declined sharply to ₹156 crore from ₹521 crore in the same quarter last year.
LIC Housing Finance’s total outstanding loan portfolio grew 7% to ₹3,09,587 crore as of June 30, 2025, with individual home loans at ₹2,62,411 crore and project loans at ₹8,950 crore.
The company noted that affordable housing continues to be a key growth segment, supported by government schemes like PMAY and increasing urbanisation.
The company also recorded an improvement in asset quality. Provisions for expected credit loss (ECL) fell to ₹5,051 crore from ₹5,670 crore a year ago, while Stage 3 exposure dropped to 2.62% from 3.30% in Q1 FY25.
Commenting on the results, Managing Director and CEO Tribhuwan Adhikari said, “The current year has started off strongly as we reduced the lending rates during this quarter in view of the RBI rate cut. Additionally, we also introduced zero processing fees to ease access to housing credit. With a revamped digital interface and steady demand in affordable housing, we expect strong momentum in the current financial year.”
The company recently marked its 36th anniversary and said it remains focused on transforming customer experience through technology.
The Board has fixed Friday, August 22, 2025, as the record date for determining eligibility for the final dividend for FY25. If approved in the upcoming AGM, the dividend will be paid within 30 days from the meeting.
The company had earlier recommended a dividend for the financial year 2024-2025, 500%, i.e. ₹10 per equity share of ₹2 each.
Ahead of the earnings announcement, shares of LIC Housing Finance Ltd closed 2.74% lower at ₹570 on the NSE.
