Summary

L&T Finance Ltd. (LTF) announced strong financial results for Q4FY26 and the full fiscal year, achieving its highest-ever consolidated annual Profit After Tax of ₹3,003 Crore (before Labour Code effect), which is a 14% year-on-year increase. Q4FY26 also saw a robust 27% year-on-year growth in consolidated PAT to ₹807 Crore. The company demonstrated significant retail expansion, with the retail book size growing 26% to ₹1,19,508 Crore and annual retail disbursements peaking at ₹83,213 Crore, a 39% year-on-year rise. Furthermore, LTF reported improvements in asset quality and achieved its lowest-ever Weighted Average Cost of Borrowing. The company is actively accelerating its technology deployment to transition into an AI-enabled lender and has launched its 5-year strategic plan, Lakshya 2031, targeting continued responsible growth.

Key Highlights

1. 1

   L&T Finance Ltd. recorded its highest ever consolidated annual Profit After Tax (PAT) of ₹3,003 Crore (before effect of Labour Code) in FY26, marking a 14% year-on-year increase.

2. 2

   For Q4FY26, consolidated PAT stood at ₹807 Crore, representing a significant 27% year-on-year growth.

3. 3

   The company's retail book size expanded by 26% year-on-year to ₹1,19,508 Crore for FY26, demonstrating a strong retail franchise.

4. 4

   Annual retail disbursements reached an all-time high of ₹83,213 Crore in FY26, growing by 39% year-on-year, with quarterly retail disbursements in Q4FY26 also at a record ₹24,107 Crore, up 62% year-on-year.

5. 5

   Asset quality showed steady improvement, with Gross Stage 3 (GS3) standing at 2.88% in Q4FY26, down from 3.29% in Q4FY25.

6. 6

   The Weighted Average Cost of Borrowing (WACB) reached its lowest-ever quarterly level at 7.17% in Q4FY26, a reduction of 67 basis points year-on-year.

7. 7

   The Board of Directors recommended a dividend of ₹2.75 per equity share for FY26.