Quarterly Result3 Jan 2025, 11:59 pm
L&T Finance Ltd Estimates 97% Retailisation and 23% Y-o-Y Growth in Retail Loan Book for Q3FY25
AI Summary
L&T Finance Ltd has released its business update for the quarter ended December 31, 2024. The company estimates retailisation of the portfolio to be around 97% and retail disbursements for Q3FY25 to be approximately Rs 15,170 crores, indicating a growth of 4% on a Y-o-Y basis. The retail loan book at the end of Q3FY25 is estimated to be around Rs 92,200 crores, showing a growth of 23% on a Y-o-Y basis. These figures are estimated and subject to limited review by the Statutory Auditors.
Key Highlights
- Retailisation estimated at ~97% as at end of Q3FY25
- Retail disbursements for Q3FY25 estimated at ~ Rs 15,170 crores
- Retail loan book at the end of Q3FY25 estimated at ~Rs. 92,200 crores
- Growth of ~4% on a Y-o-Y basis in retail disbursements
- Growth of ~23% on a Y-o-Y basis in retail loan book