MARKETS 1h ago
LIC Housing Fin Q2 net profit grows 12% YoY
Economic Times Stocks
Published 31 Oct 2026, 04:33 am IST
ET BureauThe housing financier reported a ₹93 crore reversal of impairment on financial instruments, against a charge of ₹72 crore a year earlier. Gross non-performing assets declined to 2.05% from 2.51%, while net NPAs improved to 1.06% from 1.19%.
Separately, the company identified ₹19,610 crore of loans for reclassification from housing to non-housing finance, saying the change would not materially affect total loan assets.
Originally reported by Economic Times Stocks.Source: economictimes.indiatimes.com
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