L&T Finance Ltd. Corporate Filings & Announcements

Finance company L&T; Finance announced Q2FY26 results Q2FY26 Financial Highlights: Highest ever PAT at Rs 735 crore vs Rs 696 crore in Q2FY25, up 6% YoY. Total book size at Rs 1,07,096 crore vs Rs 93,015 crore in Q2FY25, up 15% YoY. Net Interest Margin + Fees at 10.22% vs 10.86% in Q2FY25. Return on Equity (RoE) stood at 11.33% vs 11.65% in Q2FY25 Asset Quality: Gross Stage 3 (GS3) stood at 3.29% in Q2FY26 vs 3.19% in Q2FY25. Net Stage 3 (NS3) stood at 1.00% in Q2FY26 vs 0.96% in Q2FY25. Other Highlights: Retailisation stands at 98%. Retail Book at Rs 1,04,607 crore vs Rs 88,975 crore, registering a growth of 18% YoY. Gross Stage 3 (GS3) at 3.29% and Net Stage 3 (NS3) at 1.00%. Credit Cost at 2.41% in Q2FY26 vs 2.59% in Q2FY25. Return on Assets (RoA) stood at 2.41% in Q2FY26. Sudipta Roy, Managing Director & CEO, LTF said: “During the quarter, our focus remained firmly on execution and growth, enabling us to deliver a strong performance in a quarter traditionally considered a weak one in the BFSI industry. The performance highlights the improved momentum in all our lines of business, across rural and urban geographies, driven by the transformation initiatives carried over the last few quarters. Our investments in technology, talent, revamp and expansion of branch infrastructure, brand building and continued focus on customer centricity as a part of our 5-pillar execution strategy have started to yield early dividends for us. Our Gold loans segment added to the loan portfolio in Q1FY26 gained significant momentum during this quarter. In line with our aspiration of becoming a leading Pan-India gold finance player in the country, we remain committed to continuously expand our geo-presence across the country through branch expansion. By the end of FY26, we plan to add around 200 new branches taking our gold distribution strength to around 330 gold loan branches. In addition, the Company operationalized the beta rollout of ‘Project Nostradamus’, an AI driven automated real-time portfolio management engine in the Two-wheeler business in addition to scaling up the AI driven next-gen digital credit engine ‘Project Cyclops’ in the SME business. Our digital large partnerships continued to scale in Q2FY26 with Google Pay being the latest addition to our list of marquee big tech partners for origination of Personal Loans. On the back of good monsoons and improving customer consumption sentiment, we are confident that this momentum will accelerate in H2FY26 on the back of festive demand fueled by GST 2.0 reforms.” Result PDF

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L&T Finance Ltd. Corporate Filings & Announcements

Latest corporate announcements and filings from L&T Finance Ltd. on BSE