From The Economic Times · Sangita Mehta · · 1m
L&T Finance Q2 Profit Rises 33%
L&T Finance's Q2 net profit jumps 33% to Rs 975 crore as loan book grows 28%.
In brief
L&T Finance's Q2 net profit jumps 33% to Rs 975 crore as loan book grows 28%. L&T Finance reported a 33% year-on-year rise in Q2 net profit to Rs 975 crore, with loan book expanding 28%. Originally reported by The Economic Times.
L&T Finance Q2 Profit
L&T Finance reported a 33% year-on-year rise in consolidated net profit to Rs 975 crore for the quarter ended September 30, 2026.
Loan Book Growth
Its consolidated loan book stood at Rs 1.36 lakh crore, up 28% year-on-year.
Net Interest Margin
Net interest margin rose to 10.48% from 10.22% a year ago.
AUM Growth Expectation
Sudipta Roy, MD & CEO, expects AUM growth momentum of around 20% to continue in the third quarter.
Borrowing Costs Decline
The average cost of borrowing for L&T Finance has declined to 6.95% from 7.32% a year ago.
Profit Before Tax
Profit before tax increased 33% to Rs 1,319 crore from Rs 989 crore a year earlier.
What to remember
L&T Finance reported a 33% year-on-year rise in Q2 net profit to Rs 975 crore, with loan book expanding 28%.
