17-October-2026
Corporate News
 
L&T Finance net profit rises 33% on retail loan growth
16-Oct-2026

L&T Finance on Thursday reported a 33% year-on-year rise in its consolidated net profit to a record Rs 975 crore for the quarter ended September, supported by strong retail loan growth, improving asset quality and lower credit costs. The consolidated loan book grew 28% year-on-year to Rs 1.37 lakh crore, while the retail book expanded 29% to Rs 1.35 lakh crore. Retail disbursements increased 27% on year to Rs 24,027 crore.

News Source:- https://www.financialexpress.com/business/industry-lampt-finance-net-profit-rises-33-on-retail-loan-growth-4362598/