Can Fin Homes, the arm of Canara Bank, reported a 9.2% year-on-year rise in net profit to ₹274.6 crore for Q2 FY27. Net Interest Income also increased by 6.6%, while the company continues its and geographic expansion.
₹274.6 crore
Net Profit (Q2 FY27)
Q2 FY26: ₹251.4 crore→₹274.6 crore
📊 One chart explains it
Can Fin Homes Net Profit (YoY)
Takeaway: Can Fin Homes has consistently increased its net profit year-over-year in recent quarters, demonstrating stable financial performance.
⏳ Time Machine
How today’s news fits into the bigger picture
April 2016
Strong Performance in Housing Finance
Can Fin Homes was recognized as a top performer in the sector, leveraging its strong presence and network, primarily concentrated in southern India.
FY2026
Annual Profit Growth
Can Fin Homes' net profit rose to ₹1,085.8 crore on assets of ₹45,399.7 crore, showing a significant increase from ₹857.2 crore in FY2025.
September 11, 2026
Project Tejas Unveiled
Can Fin Homes launched 'Project Tejas,' a multi-year program costing ₹297 crore, to modernize its technology infrastructure across ~177 branches.
July 20, 2026
Q1 FY27 Profit Jumps 20%
Can Fin Homes reported Q1 FY27 profit after tax up 20% year-on-year to ₹268 crore and a Net Interest Margin (NIM) of 3.81%, exceeding management guidance.
July 2026
AUM Growth Targets Set
The Managing Director & CEO of Can Fin Homes stated expectations for assets under management (AUM) to grow 14% by the end of FY27, driven by strong loan disbursements.
Today
Can Fin Homes announced a 9.2% increase in Q2 FY27 net profit to ₹274.6 crore and a 6.6% rise in Net Interest Income.
What happens next?
The company will hold an earnings call on October 12, 2026, to discuss its Q2 FY27 performance, with investors watching for updates on asset quality and loan book growth projections.
Can Fin Homes, a prominent housing finance company, announced its Q2 FY27 results today, reporting a **9.2%** year-on-year increase in net profit to **₹274.6 crore**. This compares to **₹251.4 crore** in the same quarter last year. The company's Net Interest Income (NII) also climbed by **6.6%** to **₹432 crore** from **₹405 crore** a year ago. Despite ongoing digital transformation efforts through 'Project Tejas' and plans for geographic diversification, the company's asset quality remained healthy, with Gross Non-Performing Assets (NPA) at **0.87%** and Net NPA at **0.42%** as of Q1 FY27. The results indicate steady, albeit moderate, growth in a competitive housing finance market.
💭 If you're wondering…
'Project Tejas' is a multi-year, ₹297 crore digital transformation program by Can Fin Homes to modernize its technology infrastructure. It aims to improve efficiency, customer experience, and scalability, setting the company up for long-term growth in the digital era.
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