Q1 earnings tomorrow
Several listed companies are scheduled to announce their June quarter (Q1FY27) financial results on August 6. Among the prominent names are Britannia Industries, Apollo Tyres, Blue Star, Aegis Logistics, Crompton Greaves Consumer Electricals, Edelweiss Financial Services, Emcure Pharmaceuticals, EIH, Coffee Day Enterprises, Campus Activewear and Finolex Industries. Investors will closely track these earnings for insights into sectoral performance, margin trends, demand outlook and management commentary for the remainder of the financial year.
Can Fin Homes reported a 9.2% rise in Q2 net profit to ₹274.6 crore, driven by a 6.6% increase in net interest income to ₹432 crore. The housing finance firm also targets geographic expansion and stable net interest margins.
The housing finance arm of public lender Canara Bank, Can Fin Homes Ltd, on Friday (October 9), reported a 9.2% year-on-year rise in net profit to ₹274.6 crore for the quarter, compared with ₹251.4 crore in the year-ago period.
Net interest income (NII) increased 6.6% to ₹432 crore from ₹405 crore in the corresponding quarter last year.
In July this year, Suresh Iyer, Managing Director & CEO of Can Fin Homes, said it expects its assets under management (AUM) to grow 14% by the end of FY27, up from 10.4% last year, as strong loan disbursements translate into a larger loan book.
He said AUM growth in the April-June quarter of 2026 (Q1FY27) was held back by higher loan amortisation following a shift from annual to quarterly interest rate resets, rather than by higher prepayments or balance transfers.
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Iyer also said the housing finance company expects net interest margins (NIMs) to remain stable at around 3.75% this year while maintaining a credit cost guidance of 10 basis points. Can Fin Homes plans to further diversify beyond southern India by expanding its branch network in the north and west over the next few years.
Shares of Can Fin Homes Ltd ended at ₹719.60, down by ₹2.80, or 0.39%, on the BSE.