LIC Housing Finance's Q2 FY 2025-26 Quarterly Results

Result Summary

• LIC Housing Finance Ltd reported a 1.0% quarter-on-quarter (QoQ) decrease in its consolidated revenues for the quarter-ended Sep (Q2 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a growth of 3.5%.
• Its expenses for the quarter were down by 0.8% QoQ and up 2.1% YoY.
• The net profit decreased 1.1% QoQ and increased 1.6% YoY.
• The earnings per share (EPS) of LIC Housing Finance Ltd stood at 24.53 during Q2 FY 2025-26.

Financial Statments for Q2 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 player in the housing finance industry in India, known for its significant role in providing long-term finance to individuals for the purchase or construction of houses or flats. As a subsidiary of the Life Insurance Corporation of India, the company also extends loans to professionals for the purchase or construction of clinics, nursing homes, and diagnostic centers. While this report is based on financial data, it's important to note that any recent major developments in the company are not available in the provided dataset. LIC Housing Finance Ltd operates in a competitive market, influenced by economic conditions, regulatory changes, and other external factors affecting the housing finance sector.

Revenue

For the quarter ending Q2FY26, LIC Housing Finance Ltd reported a total income of ₹7179.77 crores, reflecting a slight decrease of 1.0% compared to the previous quarter (Q1FY26) where the total income was ₹7250.16 crores. However, on a year-over-year basis, the total income showed an increase of 3.5% from Q2FY25, which was ₹6938.31 crores. This YoY growth in total income indicates a positive trajectory in the company's revenue generation over the year.

Profitability

During Q2FY26, the company recorded a Profit Before Tax (PBT) of ₹1702.98 crores, which is marginally lower by 0.1% compared to the previous quarter's PBT of ₹1704.32 crores. On a year-over-year comparison, the PBT increased by 2.4% from ₹1663.70 crores in Q2FY25. The Profit After Tax (PAT) for Q2FY26 amounted to ₹1349.37 crores, marking a decrease of 1.1% quarter-over-quarter from ₹1364.00 crores in Q1FY26 but a rise of 1.6% year-over-year from ₹1327.79 crores in Q2FY25. The tax expense for the quarter was ₹353.63 crores, reflecting an increase of 3.8% QoQ and 4.9% YoY, impacting the PAT accordingly.

Operating Metrics

The Earnings Per Share (EPS) for Q2FY26 stood at ₹24.53, reflecting a decrease of 1.1% compared to the previous quarter's EPS of ₹24.80. However, compared to Q2FY25, the EPS increased by 1.6% from ₹24.14. The total expenses for Q2FY26 were ₹5308.63 crores, which is a slight decrease of 0.8% QoQ from ₹5352.97 crores in Q1FY26 and an increase of 2.1% YoY from ₹5197.27 crores in Q2FY25. These metrics indicate changes in the company's operational costs and earnings distribution to shareholders.