Chennai, Nov 2:
L&T Finance Ltd. (LTF) has reported a 33% year-on-year increase in consolidated net profit to ₹975 crore for the second quarter ended September 30, 2026.
The company’s consolidated loan book grew 28% to a record ₹1,36,635 crore, while its retail loan book rose 29% to ₹1,34,600 crore. Retail disbursements during the quarter increased 27% to ₹24,027 crore.
The company said improving asset quality, lower credit costs and higher return on assets supported its performance. It is also accelerating the deployment of artificial intelligence across lending, risk management, customer acquisition and servicing as part of its Lakshya 2031 ambition to become an AI-native retail financial services institution.