L&T Finance Ltd. (LTF) Records Highest Ever PAT of ₹735 Crore in Q2FY26
L&T Finance Ltd. reports record PAT of ₹735Cr in Q2FY26, retail book crosses ₹1 lakh crore. Credit rating upgraded to 'BBB/Stable'.
The record PAT and credit rating upgrade are likely to have a significant positive impact on investor confidence and the company's ability to raise capital.
The announcement highlights record profits, strong growth in the retail sector, and an upgrade in credit ratings, all indicating positive financial performance and future prospects for the company.
* L&T Finance Ltd. (LTF) reported its highest ever Profit After Tax (PAT) of ₹735 crore, up 5% QoQ and 6% YoY for Q2FY26. * The retail book crossed the ₹1 lakh crore milestone, reaching ₹1,04,607 crore, reflecting an 18% YoY growth. * The company achieved its highest ever retail disbursements for the quarter ended September 30, 2025, at ₹18,883 crore, up 25% YoY. * S&P Global Ratings upgraded LTF's long-term credit ratings to 'BBB/Stable' from 'BBB-/Positive'. * The company rolled out the 'beta' version of 'Project Nostradamus' and launched a big-tech partnership with Google Pay. * Retailisation stands at 98%. * Gross Stage 3 (GS3) is at 3.29% and Net Stage 3 (NS3) is at 1.00%. * Key disbursements include: Rural Business Finance at ₹6,316 crore, Farmer Finance at ₹1,654 crore, Two-wheeler Finance at ₹2,512 crore, Personal Loans at ₹2,918 crore, Housing Loans at ₹2,713 crore, SME Finance at ₹1,468 crore and Gold Loan at ₹983 crore. * By the end of FY26, the company plans to add around 200 new branches, taking its gold distribution strength to around 330 gold loan branches. * 'Project Cyclops' will be rolled out in Personal Loans in Q3FY26, Home Loans and Rural Group Loans & MFI in FY27. * PLANET app crossed more than 2 crore downloads and sourced loans of over ₹19,300 crore.
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L&T Finance Limited filed this with the NSE as a statutory disclosure, categorised under quarterly results. It is a primary document, not a recommendation, and the desk marks it high impact, which is the band that most often changes something.
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See the model portfoliosA plain-language summary of a public exchange filing by L&T Finance Limited. Read the original for the full detail.