L&T Finance reported its highest-ever consolidated profit after tax (PAT) of Rs. 975 crore for the quarter ended September 30, 2026, up 33% year-on-year, supported by strong retail lending growth and expansion across key business segments. Its consolidated loan book increased 28% to Rs. 1,36,635crore, while retail disbursements rose 27% to Rs. 24,027 crore.
The retail loan book grew 29% to Rs. 1,34,600crore, reflecting demand across rural and urban markets. Personal loan disbursements increased 45% year-on-year, while gold finance disbursements surged 229%, taking the segment’s book to Rs. 5,043 crore, up 242%. Two-wheeler finance and SME finance disbursements rose 26% and 24%, respectively.
Sudipta Roy, Managing Director and CEO of L&T Finance, said the company delivered strong performance across business parameters despite macroeconomic uncertainties, inflationary pressures and seasonal headwinds. He highlighted disciplined underwriting, stronger risk controls and portfolio quality as central to sustaining profitable growth.
On the technology front, L&T Finance is advancing its Lakshya 2031 strategy to become an AI-native retail financial services institution. Its PLANET app has crossed 2.7 crore downloads and handles 94% of customer service requests. The company is deploying artificial intelligence across credit administration and portfolio management to improve decision-making and operational efficiency.
Improving asset quality, lower credit costs and higher returns on assets remain key priorities as L&T Finance pursues growth while strengthening risk management.
