L&T Finance Ltd. (LTF) records highest ever Profit After Tax (PAT) of Rs. 735 Crore
Pune (Voice news service):- L&T Finance Ltd. (LTF), one of the leading Non-Banking Financial Companies (NBFCs) in India has recorded highest ever Profit After Tax (PAT) of Rs. 735 Crore, up 5% QoQ and 6% YoY for the second quarter ended September 30, 2025. During the quarter, the retail book size reached Rs. 1,04,607 Crore, up 18% YoY. The Company has recorded quarterly retail disbursement of Rs. 18,883 Crore for the second quarter ended September 30, 2025, up 25% YoY. Retailisation stands at 98% for the quarter ended September 30, 2025.
The Company’s customer-facing PLANET app, which has emerged as a powerful digital channel for customers, crossed more than 2 Crore downloadsas on September 30, 2025 comprising more than 17.6 Lakh downloads on the rural side. As of date, this channel has done collections of over Rs.6,400 Crore while servicing over 934 Lakh requests and has sourced loans of over Rs. 19,300 Crore. PLANET App was also awarded the app with the ‘Best Digital Experience in Finance’ at the Global Fintech Fest, 2025.
‘Project Cyclops’ has been implemented in Two-wheeler Finance, Farm Equipment Finance, and SME Finance. It will be rolled out in Personal Loans in Q3FY26, Home Loans, and Rural Group Loans & MFI in FY27. The beta version of the AI driven real time automated portfolio monitoring engine ‘Project Nostradamus’ has been rolled out for the Two-wheeler business in August, 2025, a month ahead of the scheduled deployment date.
S&P Global Ratings has upgraded LTF’s long-term issuer credit rating to “BBB/Stable” from “BBB-/Positive” and short-term issuer credit rating to “A-2” from “A-3”. Fitch Ratings has assigned LTF long-term foreign and local currency Issuer Default Ratings of “BBB-” with a Stable outlook. These long-term ratings are investment grade and are at par with India’s Sovereign Credit Rating. This will enable the Company to tap global capital markets and further diversify its liability franchise and deepen investor base.
Commenting on the financial results, Mr. Sudipta Roy, Managing Director & CEO, LTF said, “During the quarter, our focus remained firmly on execution and growth, enabling us to deliver a strong performance in a quarter traditionally considered a weak one in the BFSI industry. The performance highlights the improved momentum in all our lines of business, across rural and urban geographies, driven by the transformation initiatives carried over the last few quarters. Our investments in technology, talent, revamp and expansion of branch infrastructure, brand building and continued focus on customer centricity as a part of our 5-pillar execution strategy have started to yield early dividends for us.
Our Gold loans segment added to the loan portfolio in the first quarter of this financial year gained significant momentum during this quarter. In line with our aspiration of becoming a leading Pan-India gold finance player in the country, we remain committed to continuously expand our geo-presence across the country through branch expansion. By the end of this financial year, we plan to add around 200 new branches taking our gold distribution strength to around 330 gold loan branches.
In addition, the Company operationalized the beta rollout of ‘Project Nostradamus’, an AI driven automated real-time portfolio management engine in the Two-wheeler business in addition to scaling up the AI driven next-gen digital credit engine ‘Project Cyclops’ in the SME business. Our digital large partnerships continued to scale in the second quarter of this financial year with Google Pay being the latest addition to our list of marquee big tech partners for origination of Personal Loans.
On the back of good monsoons and improving customer consumption sentiment, we are confident that this momentum will accelerate in the second half of this financial year on the back of festive demand fueled by GST 2.0 reforms.”
