LIC Housing Finance's Q1 FY 2025-26 Quarterly Results

Result Summary

• LIC Housing Finance Ltd reported a 4.3% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Jun (Q1 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a growth of 6.7%.
• Its expenses for the quarter were up by 6.2% QoQ and 6.6% YoY.
• The net profit increased 26.1% QoQ and increased 4.4% YoY.
• The earnings per share (EPS) of LIC Housing Finance Ltd stood at 24.8 during Q1 FY 2025-26.

Financial Statments for Q1 FY 2025-26

Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

Company Overview

LIC Housing Finance Ltd is a prominent financial institution in India, primarily engaged in providing housing finance to individuals and corporate bodies. It operates within the financial services industry, specializing in housing loans for the purchase, construction, and renovation of homes. As a subsidiary of Life Insurance Corporation of India, the company has a strong market presence and benefits from the brand's extensive distribution network. Recent major developments for the company are not available in the provided data, but generally, such companies may focus on expanding their loan portfolios or enhancing digital services to improve customer engagement and operational efficiency.

Revenue

In the first quarter of the fiscal year 2026 (Q1FY26), LIC Housing Finance Ltd reported a total income of ₹7250.16 crores, marking a 4.3% increase from the previous quarter (Q4FY25) and a 6.7% increase from the same quarter in the previous year (Q1FY25), where the total income was ₹6796.85 crores. This growth in revenue can be attributed to the company's efforts to expand its loan portfolio and possibly improve its interest income. The steady year-over-year increase reflects the company's ability to maintain its growth trajectory in a competitive market.

Profitability

In terms of profitability, LIC Housing Finance Ltd achieved a profit before tax of ₹1704.32 crores in Q1FY26, which represents a 15.0% increase quarter-over-quarter and a 4.4% increase year-over-year. The profit after tax for Q1FY26 was ₹1364.00 crores, showing a significant quarter-over-quarter increase of 26.1% compared to Q4FY25 and a 4.4% increase compared to Q1FY25. The tax expense for the quarter amounted to ₹340.60 crores, which was a decrease of 14.9% from the previous quarter. The company's earnings per share (EPS) were ₹24.80 in Q1FY26, up from ₹19.70 in the previous quarter and ₹23.80 in the same quarter last year, reflecting a quarter-over-quarter growth of 25.9% and a year-over-year growth of 4.2%.

Operating Metrics

The company's total expenses for Q1FY26 were ₹5352.97 crores, representing an increase of 6.2% from Q4FY25 and a 6.6% increase from Q1FY25. This rise in expenses could be indicative of higher operational costs or increased provisioning for loan losses. Despite the increase in expenses, the company managed to improve its profit margins both on a quarter-over-quarter and year-over-year basis. The financial data does not provide specific details on operating metrics like the P/E ratio, debt-to-equity ratio, or current ratio, nor are there any ratios calculated from the provided data. However, the significant reduction in tax expenses contributed positively to the net profit margins for the quarter.