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20-Jan-2026

L&T Finance

Loan growth, margins and asset quality improves


'L&T Finance has recorded 18% growth in net profit to Rs 738.61 crore in the quarter ended December 2025 (Q3FY2026). The bottomline of the company was impacted due to one-time impact ramifications of the New Labour Code related expense of Rs 29 crore. The Profit After Tax (PAT) increased 21% to Rs 760 crore before one-time impact of New Labour Code provision.

The consolidated income from operations increased 11% to Rs 4240.07 crore for the quarter ended December 2025, while other income of the company jumped 14% to Rs 341.42 crore. The total income increased 12% to Rs 4581.49 crore for Q3FY2026.

Interest expenses increased 9% to Rs 1703.02 crore. Operating expenses rose 7% to Rs 1088.88 crore, allowing the operating profits to improve 18% at Rs 1789.59 crore. The cost-to-income ratio dipped to 37.8% in Q3FY2026 from 40.3% in Q3FY2025.

Depreciation jumped 59% to Rs 57.70 crore, while provisions rose 13% to Rs 739.72 crore. Profit before tax surged 20% yoy basis at Rs 99...



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