L&T FINANCE Quarterly Results Analysis Q2FY2027

Interest Earned for Q2FY27 is Rs. 5,158 Crs., 27.75% growth YoY, Net Interest Income is Rs. 3,187 Crs., 32.63% growth YoY, Total Income is Rs. 5,484 Crs., 26.49% growth YoY, Pre-Provisioning Operating Profit is Rs. 2,146 Crs., 31.39% growth YoY, PBT is Rs. 1,319 Crs., 33.37% growth YoY, Net profit is Rs. 973 Crs., 32.37% growth YoY (Highest Ever). On QoQ basis Interest Earned has achieved a growth of 5.37%, Net Interest Income has grown by 8.98%, Total Income has grown by 4.59%, Pre-Provisioning Operating Profit has grown by 6.97%, PBT also grown by 6.68%, PAT is also grown by 6.2%. For Q2FY27 Gross NPA 2.75% vs 3.29% in Q2FY26, Net NPA 0.85% vs 1.00% in Q2FY26. Return on Assets is 2.60% improved marginally by 19 BPS YoY, return on Equity is 13.56% improved by 223 BPS YoY, Net Interest Margin, fee is 10.48% improved by 26 BPS YoY. L&T Finance (LTF) reported its highest-ever consolidated book growth to ₹1,36,635 cr. 27.58% growth YoY. consistently strong, profitable and quality-led growth,” driven by retail disbursements (₹24,027 cr, +27% YoY), stable NIM+fees at 10.48%, and credit-cost moderation to 2.46% (down 8 bps QoQ), while continuing to invest in distribution and AI. IRDAI commission changes: management preparing “plan B” but awaiting final rules; admits impact cannot be sized yet.