L&T Finance Ltd. (LTF) reported its highest-ever quarterly consolidated profit after tax (PAT) of ₹902 crore for the quarter ended June 30, 2026, marking a 29 per cent year-on-year (YoY) increase, driven by strong retail lending and sustained business growth. The non-banking financial company (NBFC) also recorded its highest-ever consolidated loan book of ₹1,29,634 crore, up 27 per cent YoY, while its retail book expanded 28 per cent to ₹1,27,535 crore. Retail disbursements during the quarter rose 36 per cent YoY to ₹23,852 crore.
The company said it is accelerating technology deployment as part of its strategy to become an AI-native lender. Its customer-facing PLANET app crossed 2.5 crore downloads by June 30, servicing over 14 crore requests, facilitating collections of more than ₹11,500 crore and sourcing loans worth around ₹34,462 crore. The Partner PLANET platform also expanded its dealer ecosystem, onboarding over 4,400 dealers.
Managing Director and CEO Sudipta Roy said the company maintained strong growth despite geopolitical uncertainties, inflationary pressures and elevated borrowing costs. He said LTF’s proprietary AI initiatives, including Project Cyclops for credit underwriting and Project Nostradamus for portfolio monitoring, are helping improve credit quality, operational efficiency and customer experience while supporting the company’s Lakshya 2031 strategic plan.
Among business segments, personal loans recorded the fastest growth with the loan book surging 80 per cent to ₹16,917 crore and disbursements rising 126 per cent. Gold Finance also posted robust expansion, with the loan book jumping 182 per cent YoY to ₹3,829 crore. Rural Business Finance, Housing Loans, SME Finance, Farmer Finance and Two-wheeler Finance also registered double-digit growth in both loan books and disbursements.
In Guwahati, the strong performance of large NBFCs such as L&T Finance could support credit availability across Assam and the Northeast, particularly for rural borrowers, small businesses, farmers and two-wheeler buyers. The company’s continued expansion in technology-driven lending and rural finance is expected to complement the region’s growing demand for retail credit and financial inclusion as economic activity and infrastructure investments gather pace.