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L&T Finance Q2 Net Profit Jumps 33 Percent To ₹975 Crore
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CNBC TV18•15-10-2026, 20:38
L&T Finance Q2 Net Profit Jumps 33 Percent To ₹975 Crore
- •L&T Finance reported a 32.7 percent year-on-year increase in consolidated net profit to ₹975 crore for Q2 FY27, driven by strong growth in retail lending.
- •Net interest income rose 43.7 percent to ₹3,187 crore, while the retail loan book expanded 29 percent to ₹1,34,600 crore.
- •Gold finance and personal loans drove major growth, with gold loans surging 242 percent and personal loans growing 72 percent.
- •Consolidated credit costs improved to 2.46 percent, and return on equity rose to 13.56 percent.
- •Managing Director and CEO Sudipta Roy stated that the company remains focused on disciplined lending and investments in artificial intelligence.
Key Questions Answered
L&T Finance reported a 32.7% year-on-year increase in consolidated net profit to ₹975 crore for the second quarter of FY27, compared to ₹735 crore in the same period last year.
The company's gold loan book grew by 242% year-on-year to reach ₹5,043 crore in Q2 FY27, while disbursements surged 229% to ₹3,237 crore.
Growth was driven by a robust expansion in the retail lending business, particularly across segments like gold finance, personal loans, and two-wheeler finance, alongside higher-yielding loan products in both rural and urban markets.
