LIC Housing Finance reports PAT of ₹1,353.87 crore in Q2 CEO sees huge growth potential in Vizag, Vijayawada areas

LIC Housing Finance Ltd.set up in 1989 has recorded a steady performance in Q2 FY2025-26 with a net profit after tax (PAT) of ₹1,353.87 crore, registering a 2% year-on-year growth, and total disbursements of ₹16,313 crore.

The company’s revenue from operations grew 3% to ₹7,163 crore, while Net Interest Income (NII) stood at ₹2,038 crore, up 3% from the previous year. Net Interest Margin (NIM) for the quarter was 2.62%, and the Profit Before Tax stood at ₹1,704.71 crore, up 2% year-on-year.

LIC HFL’s loan portfolio rose 6% to ₹3,11,816 crore, driven by a 5% growth in the individual home loan segment to ₹2,64,096 crore. Asset quality improved, with Stage 3 exposure reducing to 2.51% from 3.06% a year ago, and ECL provisions at ₹5,074 crore

with 53% coverage. For the half-year ended September 2025, the company reported a 3% growth in net profit to ₹2,713.79 crore and a 5% rise in total income to ₹14,403 crore, reflecting consistent momentum in both disbursements and earnings.

Addressing senior officials here on Monday after the opening of a sub-regional office in Vijayawada to focus exclusively on operations in Andhra Pradesh, Tribhuwan Adhikari, MD & CEO, said that the performance reflected sustained momentum in the housing finance sector supported by lower interest rates and favourable market sentiment. He added that LIC HFL remains focused on the affordable and mid-segment housing markets, leveraging partnerships and AI-enabled processes to deliver a seamless digital experience for new-age homebuyers.

Projecting high growth potential in Andhra Pradesh mainly around Visakhapatnam and Vijayawada cities, he said to concentrate more, they have opened a sub-regional office. Earlier, the regional office located in Hyderabad was looking after business in AP and Telangana. In H-1 of current fiscal, the company recorded a business of ₹.5,634 crore as against ₹13,050 crore last year. This year, they are expecting a business of ₹15,000 crore in AP and Telangana.

Adhikari later told Bizz Buzz that they are expecting to advance loans to the tune of ₹Rs.4,250 crore in AP this year as against ₹Rs.3,700 crore. Projects like USD 15 billion AI Data Center Hub by Google and capital development projects in Amaravati will propel a huge demand for realty sector in Visakhapatnam and Vijayawada regions.

The CEO said said LIC HFL has a network of 303 marketing offices catering to various geographies all over the country. "In AP, we operate through an extensive network of 20 Area Offices and 3 Cluster Offices, supported by a Deputy Regional Manager’s Office in Vijayawada.

LICHFL's share of individual home loans in AP and Telangana is around 19.46%. During FY25-26, the company disbursed ₹ 5,634.71 crores in the region. The outstanding loan book in this region is ₹ 63,000 crores as on September, 2025.

The company has launched several initiatives aimed at promoting affordable housing and supporting homebuyers through competitive interest rates and flexible loan terms. Additionally, LIC HFL is working to partnering with local builders to facilitate the construction

of projects. These efforts are part of LIC HFL's broader mission to contribute to the economic and social development of the region by making homeownership accessible and sustainable for the residents of Visakhapatnam & AP, Adhikari pointed out.