# 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%.
- Title: L&T Finance Q2 Profit Rises 33% · The Economic Times
- Summary: 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…
- Keywords: l&t finance, q2 net profit, loan book, interest margin, aum growth, net interest margin, money, business, Finance, Profit, Rises, The Economic Times
- Source: The Economic Times — https://economictimes.indiatimes.com/markets/stocks/earnings/lt-finance-q2-net-profit-rises-33-to-rs-975-crore/articleshow/134971866.cms
- Author: Sangita Mehta
- Published: 2026-10-15T16:23:00+00:00
- Read time: 1 min
- Topics: l&t finance, q2 net profit, loan book, interest margin, aum growth, net interest margin, money, business
## 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.
## Key takeaway

L&T Finance reported a 33% year-on-year rise in Q2 net profit to Rs 975 crore, with loan book expanding 28%.