L&T Finance Ltd. (LTF) reported its highest-ever consolidated quarterly profit after tax (PAT) of ₹902 crore for the quarter ended June 30, 2026, registering a 29 per cent year-on-year (YoY) increase, supported by strong retail lending and business expansion. The company’s consolidated loan book grew 27 per cent YoY to a record ₹1,29,634 crore, while the retail loan book rose 28 per cent to ₹1,27,535 crore. Retail disbursements surged 36 per cent to ₹23,852 crore during the quarter.
The NBFC said it is accelerating technology deployment to transform into an AI-native lender. Its customer-facing PLANET app crossed 2.5 crore downloads, processed collections exceeding ₹11,500 crore, serviced more than 14 crore customer requests and sourced loans worth around ₹34,462 crore. The Partner PLANET platform onboarded over 4,400 dealers and enabled trade advance withdrawals of more than ₹590 crore. Managing Director and CEO Sudipta Roy said the company’s AI ecosystem, including Project Cyclops and Project Nostradamus, is enhancing underwriting, portfolio monitoring, customer experience and operational efficiency under its Lakshya 2031 strategy. He added that improving infrastructure spending, resilient consumption and the recovery of the Rural Business Finance vertical continue to support growth.
Key business segments posted healthy expansion during the quarter, with Personal Loans leading growth as the loan book jumped 80 per cent and disbursements rose 126 per cent YoY. Gold Finance recorded a 182 per cent increase in its loan book, while Housing Loans, SME Finance, Rural Business Finance, Farmer Finance and Two-wheeler Finance also delivered double-digit growth in assets and disbursements.
In Guwahati, L&T Finance’s sustained focus on rural finance, MSME lending, housing and digital credit could benefit the Northeast, where demand for retail finance continues to rise alongside infrastructure development. The company’s AI-led lending model and expanding digital platforms are expected to improve credit access for borrowers across Assam, supporting financial inclusion and creating opportunities for dealers, entrepreneurs and small businesses in the region.
