Please find enclosed the press release in relation to unaudited financial results for quarter ended June 30, 2026
RESULTS
▲ Positive Development
LOW RISK
📅 Filed on BSE: 10 Jul 2026, 06:26 PM IST · BSE ID: 719a0d85-da9b-45be-8b59-ad975d4e923a
View Original BSE Filing (PDF)
💡
In Simple Terms
L&T Finance recorded its highest quarterly profit and loan book, driven by strong growth in retail lending.
🤖 AI Summary
- L&T Finance Ltd. (LTF) reported Q1FY27 consolidated Profit After Tax (PAT) of Rs. 902 Crore, up 29% YoY.
- Consolidated book reached Rs. 1,29,634 Crore in Q1FY27, marking a 27% year-on-year growth.
- Retail disbursements for Q1FY27 were Rs. 23,852 Crore, increasing 36% YoY.
- Retail book grew 28% YoY to Rs. 1,27,535 Crore, against a target of 20%+ YoY.
- Consolidated asset quality improved, with Gross Stage 3 at 2.86% and Net Stage 3 at 0.90%.
🔢 Key Numbers — exact figures from BSE filing, not rounded
Consolidated Profit After Tax (Q1FY27)
Rs. 902 Crore
29%
Consolidated Book (Q1FY27)
Rs. 1,29,634 Crore
27%
Retail Book (Q1FY27)
Rs. 1,27,535 Crore
28%
Retail Disbursements (Q1FY27)
Rs. 23,852 Crore
36%
Gross Stage 3 (Q1FY27)
2.86%
Net Stage 3 (Q1FY27)
0.90%
NIMs + Fees (Q1FY27)
10.47%
Weighted Average Cost of Borrowing (Q1FY27)
7.20%
Return on Assets (RoA) (Q1FY27)
2.48%
Return on Equity (RoE) (Q1FY27)
12.71%
Credit Cost (Q1FY27)
2.54%
🏢 How This Affects the Company
The company's retail franchise expanded significantly, with strong growth across rural business, two-wheeler, personal, and gold loan segments, contributing to an all-time high consolidated loan book. Focus on AI-native lending may enhance future operational efficiency and credit selection.
Consolidated Profit After Tax increased by 29% YoY, reflecting improved profitability, supported by stable NIMs + Fees at 10.47% and a 48 bps reduction in Weighted Average Cost of Borrowing to 7.20%. Return on Assets improved to 2.48% and Return on Equity to 12.71%.
The company accelerated technology deployment to transition into an AI-native lender, leveraging in-house AI solutions like 'Project Cyclops' for two-wheeler finance and 'Project Canyon' for gold loans, aiming to improve underwriting, fraud detection, and overall operational efficiencies.
Asset quality improved with a reduction in Gross Stage 3 to 2.86% and Net Stage 3 to 0.90% YoY, indicating better risk management. A 89 bps YoY reduction in Credit Cost to 2.54% also signals tightened credit and risk administration frameworks.
👥 What This Means For Shareholders
✅
Action Required
No immediate action is required by shareholders based on this financial results filing.
👤
Who Is Affected
Shareholders will observe the company's financial performance through the significant increase in Q1FY27 consolidated Profit After Tax and growth in retail and consolidated book sizes.
🔍
Management Signal
Management is signaling a continued focus on profitable retail growth, technology integration to become an AI-native lender, and maintaining asset quality under the Lakshya 2031 strategic plan.
For information only. Not investment advice. ForgeUp is not SEBI-registered.
👁 Watch List — track these upcoming events
Q2 FY27 financial results — observe sustained growth in retail disbursements and PAT.
Updates on Lakshya 2031 strategy execution, especially AI integration and efficiency gains.
Changes in asset quality metrics, particularly Gross Stage 3 and Net Stage 3 in subsequent quarters.
LOW RISK
Improved asset quality and robust financial performance in Q1FY27 indicate reduced immediate risks.
💡 Investor Takeaway
L&T Finance reported Q1FY27 consolidated Profit After Tax of Rs. 902 Crore, up 29% YoY from Rs. 701 Crore in Q1FY26. The consolidated book increased 27% YoY to Rs. 1,29,634 Crore. Retail disbursements grew 36% YoY to Rs. 23,852 Crore.
⚖️ Strengths & Concerns
✅ Positives
- Consolidated Profit After Tax for Q1FY27 increased 29% YoY to Rs. 902 Crore, indicating robust profitability.
- Retail book expanded 28% YoY to Rs. 1,27,535 Crore, driven by healthy disbursements of Rs. 23,852 Crore.
📅 Company Track Record
L&T Finance achieved a record FY26 PAT of Rs. 3,003 Crore, up 14% YoY, with retail book expanding 26% to Rs. 1,19,508 Crore. This Q1FY27 performance indicates a continuation of strong growth trends. The Board had met on July 10, 2026, to approve these unaudited Q1 FY27 results.
Based on publicly available historical data. For context only.
❓ Frequently Asked Questions
What was L&T Finance's consolidated Profit After Tax in Q1FY27?
L&T Finance's consolidated Profit After Tax for Q1FY27 stood at Rs. 902 Crore, representing a 29% increase from Rs. 701 Crore in Q1FY26.
What was the retail book size for L&T Finance in Q1FY27?
The retail book size for L&T Finance in Q1FY27 was Rs. 1,27,535 Crore, showing a growth of 28% YoY compared to Rs. 99,816 Crore in Q1FY26.
What were L&T Finance's retail disbursements in Q1FY27?
Retail disbursements for L&T Finance in Q1FY27 were Rs. 23,852 Crore, which is a 36% increase from Rs. 17,522 Crore in Q1FY26.
How did L&T Finance's asset quality change in Q1FY27?
L&T Finance maintained an improving trajectory in consolidated asset quality, with Gross Stage 3 at 2.86% and Net Stage 3 at 0.90% for Q1FY27, compared to GS3 of 3.31% and NS3 of 0.99% in Q1FY26.
What was L&T Finance's Return on Assets (RoA) in Q1FY27?
L&T Finance's Return on Assets (RoA) improved to 2.48% in Q1FY27, up from 2.37% in Q1FY26.
Questions based on this BSE filing only. For information purposes.