L&T Finance Ltd. is a NBFC, offering a range of financial products and services. Company has filed requisite application for necessary registration as Systemically Important Non- Deposit Accepting Core Investment Company (NBFC-CIC). Presenting below are its Q2 FY26 earnings results.
Q2 FY26 Earnings Results
-
Consolidated Net Profit (PAT): ₹735 crore, up 5.4% YoY from ₹696 crore in Q2 FY25.
-
Total Income: ₹4,336 crore, up 7.8% YoY from ₹4,024 crore.
-
Assets Under Management (AUM): ₹1,07,096 crore, up 15% YoY from ₹93,015 crore.
-
Retail Loan Book: ₹1,04,607 crore, up 18% YoY from ₹88,975 crore; retailization stands at 98% of portfolio.
-
Quarterly Retail Disbursements: ₹18,883 crore, up 25% YoY from ₹15,092 crore.
-
Credit Cost: Reduced to 2.41% from 2.59% YoY.
-
Return on Assets (RoA): 2.41% and Return on Equity (RoE): 11.33%.
-
Segment Highlights:
-
Rural Business Finance disbursed ₹6,316 crore, up 16% YoY.
-
Personal Loans disbursed ₹2,918 crore, up 114% YoY (key growth driver).
-
Two-wheeler finance saw 5% YoY growth to ₹2,512 crore.
-
SME Finance grew 18% YoY to ₹1,468 crore disbursements.
-
Gold Loans segment grew to ₹1,475 crore with ₹983 crore disbursed.
-
-
Digital Initiatives: Launch of ‘Project Nostradamus’ AI portfolio management and big-tech partnership with Google Pay for personal loans origination.
-
Branch Expansion: Plans to increase gold loan branches from current ~130 to 330 by FY26 end.
Management Commentary
-
CEO Sudipta Roy highlighted the strong retail lending momentum, digital transformation, and expanded product portfolio as drivers of growth.
-
Emphasis on improving asset quality, credit cost control, and maximizing technology-driven efficiencies across loan disbursement and collection processes.
-
Expressed optimism for growth acceleration in H2 FY26, supported by anticipated festive demand and GST reforms.
Q1 FY26 Earnings Results
-
Net Profit: ₹696 crore.
-
Total Income: ₹4,024 crore.
-
Retail Loan Book: ₹88,975 crore.
-
RoE: 11.65%.
To view the company’s previous earnings and latest concall transcripts, click here to visit the Alphastreet India news channel.
Most Popular
Cochin Shipyard Ltd (COCHINSHIP) Q4 FY22 Earnings Concall Transcript
Cochin Shipyard Limited (NSE:COCHINSHIP) Q4 FY22 Earnings Concall dated May. 26, 2022 Corporate Participants: Madhu S Nair -- Chairman & Managing Director Jose V J -- Director Finance Analysts: Vastupal Shah
All you need to know about Antony Waste Handling Cell in one article
Can you guess the name of the company that was listed during the IPO frenzy in 2020 and is the second largest player in the Indian municipal waste management industry?
Demystifying the Leading Non-Ferrous Recycling Company of India
“Hey, how is the market doing today?” “Oh!, its falling tremendously since morning” I am sure news like these might be a common topic of discussion for you nowadays. Interestingly,