L&T Finance lifts quarterly profit 33% to a record 975 crore rupees
L&T Finance reported a record consolidated net profit of Rs 975 crore for the September quarter, up 33% year on year, according to TradingView data.
- published
- in the api
- on the website
on the website stories appear 15 minutes after publication, in the api at once. connect the api →
what happened
The non-banking lender said its consolidated net profit for the quarter ended September 30, 2026 reached Rs 975 crore, a company high and a 33% rise from a year earlier, according to TradingView. Stronger retail lending, better asset quality and lower credit costs drove the result.
Total loans hit a record Rs 1,36,635 crore, 28% higher than a year before. Retail loans rose 29% to Rs 1,34,600 crore and retail disbursements grew 27%. Gold loans more than tripled, with the book up 242%, while personal loans jumped 72%. Farm finance lagged, growing 9%.
why it matters
The result points to healthy demand for India's non-bank credit, especially higher-yield products such as personal and gold loans. Lower credit costs and improving asset quality also suggest borrowers are holding up, a supportive signal for Indian lending stocks.
market impact
Indian non-bank lenders: strong results and lower credit costs support sector sentiment
tags
instruments
sources
- L&T Finance Q2 Profit Rises 33% To Record Rs 975 Cr — ru.tradingview.com, 17 October 2026 at 09:31 UTC
prepared by the newsmetry newsroom with ai assistance from the sources listed below. not investment advice.
on the website stories appear 15 minutes after publication, in the api at once.
get stories in real time ↗