L&T Finance records highest ever consolidated Profit

Mumbai, 2026: L&T Finance Ltd. (LTF), one of the leading Non-Banking Financial Companies (NBFCs) in India has recorded consolidated Profit After Tax (PAT) of Rs. 975 Crore, up 33% Year-on-Year for the second quarter ended September 30, 2026. During the quarter, LTF achieved a milestone of highest-ever consolidated book of Rs. 1,36,635 Crore, up 28% Year-on-Year. The retail book size during the quarter reached Rs. 1,34,600 Crore, up 29% YoY.

The Company has recorded robust retail disbursement of Rs. 24,027 Crore for the second quarter ended September 30, 2026, up 27% YoY, reflecting continued business momentum. Improving asset quality, lowering credit costs, and higher Return on Assets reinforce the Company's focus on profitable, risk-calibrated growth. Concurrently, the Company has accelerated technology deployment to evolve into an AI-native lender. L&T Finance continues to advance its Lakshya 2031 ambition of becoming a risk-first, technology-first and  AI-native retail financial services institution. The Company is embedding intelligence across customer acquisition, underwriting, portfolio management, servicing and cross-selling.

In Q2FY27, the Company’s flagship PLANET app reinforced its status as a core digital engine for the Company - surpassing 2.7 crore downloads. The application now services 94% of the total service requests generated by its customers, and has driven collections of Rs. 2,168 Crore during the quarter, coupled with a business generating of Rs. 5,934 Crore in business. Further strengthening its rural reach, PLANET app introduced a dedicated rural interface with a clear, intuitive and clutter-free UI, offering multilingual capabilities, including Hindi. 

Commenting on the financial results Mr. Sudipta Roy, Managing Director & CEO, LTF, said, "Q2FY27 has been yet another strong quarter for L&T Finance with strong delivery across all business parameters, laying a solid foundation for our Lakshya 2031 journey with a sustained business momentum. These outcomes reflect the strength of our diversified retail franchise, the discipline of our execution and our continued focus on delivering sustainable, risk-calibrated growth. Despite uncertainties in the macroeconomic environment, inflation pressures, and seasonal headwinds, our resilient business model enabled us to navigate these macro dynamics effectively while expanding key focus verticals like Gold Finance, Micro Loan Against Property, Personal Loans, and Two-Wheeler Finance.