L&T Finance reported its highest-ever consolidated profit after tax (PAT) of Rs. 975 crore for the second quarter ended September 30, 2026, marking a 33% year-on-year increase, alongside a 28% rise in its consolidated loan book to Rs. 1,36,635 crore.
Retail disbursements grew 27% to Rs. 24,027 crore during Q2FY27, while the retail book expanded 29% to Rs. 1,34,600crore. The company attributed its performance to sustained business momentum, improving asset quality, lower credit costs and a focus on profitable, risk-calibrated growth.
Commenting on the results, Sudipta Roy, Managing Director and CEO of L&T Finance, said the company delivered strong performance across business parameters despite macroeconomic uncertainties, inflationary pressures and seasonal headwinds. He emphasised disciplined underwriting, stronger risk management and portfolio quality as key priorities for sustainable growth.
Among business segments, personal loan disbursements rose 45% year-on-year, while gold finance disbursements surged 229%. The gold finance book expanded 242% to Rs. 5,043 crore. Two-wheeler finance disbursements increased 26%, while SME finance disbursements grew 24%.
The company is also accelerating its digital transformation under its Lakshya 2031 strategy. Its PLANET app surpassed 2.7 crore downloads and handles 94% of customer service requests, reinforcing its ambition to become an AI-native retail financial services institution.