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

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CNBC TV18•16-01-2026, 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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