L&T Finance Sees Profit Surge with Retail Disbursements Boost
L&T Finance reported a 27% increase in profit for the March quarter, driven by growth in interest income and retail disbursements. Retail disbursements grew significantly, with personal loans and rural finance seeing notable increases. The company anticipates a stable FY27, supported by a solid retail book and efficient collections.
- Country:
- India
On Friday, non-bank lender L&T Finance announced a notable 27% increase in its consolidated profit after tax (PAT) for the March quarter, reaching Rs 807 crore. This surge was primarily driven by higher interest income and a boost in retail disbursements.
Compared to the previous quarter, L&T Finance's net profit rose by 6%, and its core net interest climbed to Rs 4,424.03 crore. According to Managing Director and CEO Sudipta Roy, the company focused on tightening credit frameworks, enhancing collections infrastructure, and advancing AI-led technology transformation.
The significant growth was seen in the retail segment, where disbursements rocketed 62% to Rs 24,107 crore in Q4 FY26. Personal loans and rural business finance also saw considerable increases. Credit costs improved, with net interest margins plus fees standing at 10.47%.
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