Can Fin Homes Q2 Results: Net profit rises 9% to ₹275 crore as NII climbs 7%

The housing finance arm of public lender Canara Bank, Can Fin Homes Ltd, on Friday , 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 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 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 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.ALSO READ | Can Fin Homes sees growth picking up, targets ₹3,300 crore disbursements in fourth quarterIyer also said the housing finance company expects net interest margins 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.