L&T Finance's Q2 FY 2025-26 Quarterly Results

Result Summary

• L&T Finance Ltd reported a 1.8% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Sep (Q2 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a growth of 7.7%.
• Its expenses for the quarter were up by 2.4% QoQ and 12.1% YoY.
• The net profit increased 4.9% QoQ and increased 5.5% YoY.
• The earnings per share (EPS) of L&T Finance Ltd stood at 2.93 during Q2 FY 2025-26.

Financial Statments for Q2 FY 2025-26

Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

Company Overview

L&T Finance Ltd is a prominent player in the financial services industry in India, primarily focusing on lending and financial solutions across various sectors. The company is a part of the esteemed Larsen & Toubro Group, known for its diversified business interests. L&T Finance offers a range of products and services, including rural finance, housing finance, wholesale finance, and mutual funds. As of the latest updates, L&T Finance continues to strengthen its position in the financial services sector, leveraging its robust infrastructure and customer-centric approach. Recent developments have shown a strategic emphasis on expanding its digital capabilities to enhance customer experience and operational efficiency.

Revenue

In the second quarter of the fiscal year 2026 (Q2FY26), L&T Finance Ltd reported a total income of ₹4335.79 crores, demonstrating a growth of 1.8% quarter-over-quarter (QoQ) compared to ₹4259.60 crores in Q1FY26. On a year-over-year (YoY) basis, the total income increased by 7.7%, up from ₹4024.02 crores in Q2FY25. This upward trajectory in revenue indicates a steady increase in the company's earning capacity over both the quarterly and yearly periods. The financial data highlights the company's ability to generate income consistently, reflecting its operational scale and market presence.

Profitability

L&T Finance Ltd's profitability metrics for Q2FY26 indicate a profit before tax (PBT) of ₹988.86 crores, which marks an increase of 4.8% QoQ from ₹943.22 crores in Q1FY26 and a 5.2% YoY increase from ₹939.57 crores in Q2FY25. The company's profit after tax (PAT) stands at ₹734.88 crores, reflecting a QoQ growth of 4.9% from ₹700.84 crores and a YoY rise of 5.5% from ₹696.68 crores. The earnings per share (EPS) for Q2FY26 is ₹2.93, which is a 4.6% increase QoQ and a 5.4% increase YoY, compared to ₹2.80 in Q1FY26 and ₹2.78 in Q2FY25, respectively. These figures illustrate the company's capacity to maintain and enhance profitability amidst varying economic conditions.

Operating Metrics

The total expenses for L&T Finance Ltd in Q2FY26 amounted to ₹2841.38 crores, showcasing a rise of 2.4% QoQ from ₹2774.08 crores in Q1FY26 and a 12.1% YoY increase from ₹2533.94 crores in Q2FY25. This trend in expenses corresponds with the company's revenue growth, suggesting a proportional increase in costs associated with its operations. The tax for Q2FY26 was ₹253.98 crores, which is a 4.8% QoQ increase from ₹242.38 crores and a 4.6% YoY increase from ₹242.89 crores. The financial data reflects the company's adherence to fiscal responsibility while managing its operational scale effectively.