LTF

Q3FY26 Quarterly Result Announced for L&T Finance Ltd.

Q3FY26 Quarterly Result Announced for L&T Finance Ltd. -

PAT before exceptional items for Q3FY26 at Rs 760 crore, up 21% YoY. PAT after exceptional items stood at Rs 739 crore vs Rs 626 crore in Q3FY25, up 18% YoY. Total book size at Rs 1,14,285 crore vs. Rs 95,120 crore in Q3FY25, up 20% YoY. NIMs+Fees for Q3FY26 improved by 19 bps QoQ to 10.41% from 10.22% in Q2FY26; contributed by stable yields and reduction in cost of borrowings due to efficient Treasury management, which has resulted in the lowest ever Quarterly Weighted Average Cost of Borrowing (WACB) at 7.25%. Return on Equity (RoE) before exceptional items stood at 11.38% vs 10.21% in Q3FY25. RoE after exceptional items at 11.07% in Q3FY26 vs. 10.21% in Q3FY25. Asset Quality: Gross Stage 3 (GS3) stood at 3.19% in Q3FY26 vs. 3.23% in Q3FY25. Net Stage 3 (NS3) stood at 0.92% in Q3FY26 vs. 0.97% in Q3FY25. All this is for information. This is not a buy/sell recommendation. Thank you, Technofunda24