L&T Finance reported its highest-ever consolidated profit after tax (PAT) of Rs. 975 crore for the quarter ended September 30, 2026, marking a 33% year-on-year increase. Its consolidated loan book expanded 28% to Rs. 1,36,635crore, reflecting sustained lending momentum and growth across retail-focused business segments.
Retail disbursements rose 27% to Rs. 24,027 crore, while the retail loan book increased 29% to Rs. 1,34,600 crore. Personal loan disbursements grew 45%, and gold finance disbursements surged 229%, taking the gold finance book to Rs. 5,043 crore, up 242%. Two-wheeler finance and SME finance disbursements increased 26% and 24%, respectively.
The performance highlights the contribution of diversified lending operations, although sustaining growth will depend on credit quality, borrowing costs and broader macroeconomic conditions. L&T Finance said improving asset quality, lower credit costs and higher returns on assets remain central to its focus on profitable growth.
Sudipta Roy, Managing Director and CEO of L&T Finance, said, “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.” He also emphasised disciplined underwriting, stronger risk controls and portfolio monitoring amid economic uncertainties.
Under its Lakshya 2031 strategy, L&T Finance is accelerating artificial intelligence deployment. Its PLANET app has crossed 2.7 crore downloads and handles 94% of customer service requests, supporting digital efficiency and customer engagement.
