L&T Finance reported a 2.3% rise in consolidated net profit in the first quarter of financial year 2026. (Photo: Shubhayan Bhattacharya/NDTV Profit) Show Quick Read Summary is AI Generated. Newsroom Reviewed
L&T Finance Ltd., the lending arm of the Larsen & Toubro Group, saw a 17% year-on-year rise in its retail loan book at Rs 1.05 lakh crore in the quarter ended September 2025, as per quarterly business updates released on Friday.
The retail loan book of the non-banking financial company was Rs 88.975 crore in the corresponding quarter last year.
Retail disbursements jumped 25% to Rs 18,850 crore. The maximum loans were issued under the urban finance segment at Rs 8,140 crore, higher as compared to Rs 6,285 crore in the same quarter of last fiscal.
The rural business finance seg