L&T Finance Q3 Profit Jumps 18% on Strong Retail Lending, NII Growth
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CNBC TV1816-01-2026, 21:20

L&T Finance Q3 Profit Jumps 18% on Strong Retail Lending, NII Growth

  • L&T Finance reported an 18% year-on-year increase in net profit to ₹738.6 crore for the December quarter.
  • Net interest income (NII) grew by 13.4% to ₹2,537 crore, driven by robust retail lending.
  • Retail disbursements surged 49% to an estimated ₹22,690 crore in Q3 FY26, with broad-based growth across segments.
  • The retail loan book expanded 21% year-on-year to an estimated ₹1.11 lakh crore as of December 31, 2025.
  • Retailisation remained strong at 97%, indicating the company's strategic shift from wholesale exposures.

Why It Matters: L&T Finance achieved significant Q3 profit growth, fueled by strong retail lending and healthy NII.

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