L&T Finance Results - Q1- F.Y. 25-26

L&T Finance Results - Q1 - F.Y. 25-26 -

1) Net profit at ₹701 crore; retail loan book scales record ₹99,816 crore 2) Asset quality remained stable, with gross stage 3 assets at 3.31% and net stage 3 at 0.99%. The results came after the close of the market hours. Shares of L&T Finance Ltd ended at ₹203.25, up by ₹3.60 or 1.80% on the BSE. 3) Retail-focused non-bank lender, L&T Finance Ltd, on Friday (July 18) reported a consolidated profit after tax of ₹701 crore for Q1FY26, a 10% sequential and 2% year-on-year rise, driven by robust growth in its retail portfolio and a focus on cost and asset quality. 4) The company’s consolidated loan book reached a record ₹1,02,314 crore, with the retail book contributing ₹99,816 crore — up 18% year-on-year. Retail disbursements for the quarter stood at ₹17,522 crore, an 18% rise from Q1FY25, led by growth in secured segments such as farmer finance, housing loans and gold loans. 5) Net interest margin plus fees stood at 10.22%, marginally up from 10.15% in Q4FY25 but lower than 11.08% in Q1FY25. Return on equity was at 10.86%, up from 10.13% in the previous quarter. 6) Personal loan disbursements rose 65% year-on-year to ₹1,942 crore, while housing and LAP loans grew 24% to ₹2,780 crore. The company said it had successfully integrated its newly acquired gold loan portfolio during the quarter and rolled out ‘Project Cyclops’ in SME finance. Retailisation touched 98%, crossing its Lakshya 2026 target. 7) Overall Results are better than expected. All this is for information. This is not a buy/sell recommendation. Thank you, Technofunda24