L&T Finance Ltd. (LTF) reported a 21% YoY increase in core Profit After Tax (PAT) to Rs. 760 Crore for Q3FY26. Retail disbursements hit a record high of Rs. 22,701 Crore, up 49% YoY. The retail portfolio grew by 21% YoY, reaching Rs. 1,11,990 Crore, driven by strong performance across various retail segments and improved asset quality.
Q3FY26 Financial Highlights
L&T Finance Ltd. (LTF) has announced its financial results for the quarter ended December 31, 2025 (Q3FY26), showcasing strong growth and improved profitability.
Key highlights include:
- Highest ever core PAT of Rs. 760 Crore (before one-time impact), up 21% YoY. After one-time impact, PAT stands at Rs. 739 Crore, up 18% YoY.
- Record retail disbursements of Rs. 22,701 Crore in Q3FY26, a 49% YoY increase.
- Retail portfolio reached Rs. 1,11,990 Crore, reflecting 21% YoY growth.
- Consolidated loan book grew by 20% YoY to Rs. 1,14,285 Crore.
Segment Performance
The company’s robust business model across diversified retail segments led to significant growth:
- All-time high disbursements in Two-Wheeler Finance at Rs. 3,217 Crore and Farmer Finance at Rs. 2,783 Crore, growing 33% YoY and 12% YoY, respectively.
- Healthy growth in quarterly retail disbursements, up 49% YoY.
Asset Quality
LTF has also demonstrated robust asset quality:
- Gross Stage 3 (GS3) improved to 3.19% in Q3FY26.
- Net Stage 3 (NS3) stood at 0.92% in Q3FY26.
Key Strategic Initiatives
LTF is focused on transforming into a risk-first, tech-first, multi-product retail financier. Key initiatives include:
- Implementation of the ‘Project Cyclops’ digital credit engine across various businesses.
- Deployment of ‘Project Nostradamus’ and ‘Project Helios’ for portfolio management and underwriting.
- Launch of ‘Project Orion’ for automated conversational intelligence in portfolio management.
CSR and ESG Initiatives
LTF is committed to sustainable growth through various CSR and ESG initiatives:
- Integrated Community Development Model launched in Valsad, Gujarat.
- Achieved approximately 47% green energy mix within total operations.
- Transitioning to renewable energy with 46 branches shifted to green power.
Source: BSE
