'L&T Finance has
recorded 6% growth in net profit to Rs 734.84 crore in the quarter ended September
2025 (Q2FY2026). The consolidated income from operations increased 10% to Rs
4037.41 crore for the quarter ended March 2025, while other income of the
company declined 19% to Rs 298.38 crore. The total income increased 8% to Rs
4335.79 crore for Q2FY2026.
Interest expenses
increased 11% to Rs 1634.29 crore. Operating expenses moved up 10% to Rs
1017.08 crore, allowing the operating profits to improve 4% at Rs 1684.42 crore.
The cost-to-income ratio was higher at 37.6% in Q2FY2026 from 36.3% in
Q2FY2025. Depreciation jumped 53% to Rs 50.95 crore, while provisions fell 1%
to Rs 644.61 crore.
Profit before tax rose 5%
yoy basis at Rs 988.86 crore. Effective tax rate eased to 25.7% in Q2FY2026
from 25.9% in Q2FY2025. Net Profit of the company, after share in profit of
associates and non-controlling interest, improved 6% to Rs 734.84 crore for
Q2FY2026.
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