L&T Finance delivered strong performance for the financial year ended March 31, 2026, reporting a consolidated net profit of ₹2,982.87 crore. The Board of Directors has recommended a final dividend of ₹2.75 per equity share. Additionally, the company announced strategic plans to enter the digital payments space, including pre-paid instruments and third-party application services, alongside significant fund-raising approvals and key leadership appointments.
Financial Performance Overview
For the financial year ended March 31, 2026, L&T Finance reported robust growth, with consolidated net profit reaching ₹2,982.87 crore, up from ₹2,643.42 crore in the previous year. Total revenue for the year stood at ₹17,913.67 crore. For the final quarter (Q4 FY26), the company recorded a net profit of ₹809.16 crore.
Strategic Business Expansion
The company is set to diversify its digital offerings by entering the pre-paid instruments market, which includes wallets and cards. Furthermore, L&T Finance will operate as a Third-Party Application Provider, pending final regulatory and statutory approvals. This move is part of the company’s commitment to leveraging technology to broaden its financial service footprint.
Dividend and Capital Management
In rewarding its shareholders, the Board has recommended a final dividend of ₹2.75 per equity share (face value of ₹10 each). The dividend is subject to approval by shareholders at the forthcoming Annual General Meeting (AGM). To support ongoing growth, the company has secured board approval to raise funds via non-convertible debentures up to an aggregate of ₹1,23,500 crore, and to issue cumulative compulsorily redeemable non-convertible preference shares worth ₹6,012 crore during FY2026-27.
Leadership Appointments
L&T Finance has strengthened its leadership team with the appointment of two new Whole-time Directors. Mr. Sachinn Joshi has been appointed for a two-year term, and Mr. Raju Dodti for a three-year term, both subject to necessary regulatory and shareholder approvals. These appointments mark a strategic step in reinforcing the company’s operational and financial leadership.
Source: BSE
