L&T Finance Reports 27% Increase in Q4 Profit Driven by Retail Growth
L&T Finance Q4 PAT jumps 27% YoY to Rs 807 cr
Business Standard
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L&T Finance, a leading non-banking financial company in India, reported a 26.79% rise in consolidated net profit to ₹806.63 crore for Q4 FY26, supported by a 62% increase in retail disbursements. The company achieved its highest-ever annual profit after tax of ₹3,003 crore, reflecting strong growth across key lending segments.
- 01Consolidated net profit increased by 26.79% to ₹806.63 crore in Q4 FY26.
- 02Retail disbursements surged by 62% year-on-year to ₹24,107 crore.
- 03The company's highest-ever annual profit after tax was ₹3,003 crore.
- 04Return on Equity improved to 11.71% from 10.13% a year ago.
- 05L&T Finance plans to implement its next five-year strategic roadmap, Lakshya 31.
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L&T Finance, a prominent non-banking financial company in India, reported a 26.79% increase in consolidated net profit, reaching ₹806.63 crore for the fourth quarter of FY26, compared to the same quarter last year. This growth was fueled by a significant 62% rise in retail disbursements, which totaled ₹24,107 crore. The company's total income also increased by 18.47% to ₹4,771.10 crore. Profit before tax saw a 33.32% year-on-year increase, reaching ₹1,073.92 crore. The retail loan book grew 26% year-on-year to ₹1,19,508 crore, while overall consolidated assets rose 25% to ₹1,21,728 crore. Notably, personal loans almost doubled, rising 98% year-on-year to ₹3,786 crore. The company’s asset quality improved, with the Gross Stage 3 ratio declining to 2.88% from 3.29% a year ago. L&T Finance also announced a final dividend of ₹2.75 per equity share, subject to shareholder approval, and is set to embark on its next strategic plan, Lakshya 31, aiming for consistent growth and improved profitability amidst ongoing global uncertainties.
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The strong performance of L&T Finance indicates a robust lending environment, which could lead to increased access to credit for consumers and businesses in India. This growth may also stabilize job creation within the financial sector.
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