L&T Finance Limited has informed the Exchange regarding 'Business updates for the quarter ended June 30, 2025'.
LTF · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
L&T Finance reported estimated retail disbursements of ~Rs. 17,510 crore in Q1FY2025-26, up about 18% year-on-year from ~Rs. 14,839 crore in Q1FY2024-25. The retail loan book grew to ~Rs. 99,800 crore, also a ~18% YoY increase from Rs. 84,444 crore. Retailisation of the portfolio improved to ~98% from 95% a year earlier, showing continued shift away from wholesale lending. All retail segments grew except rural business finance (Rs. 5,610 cr vs Rs. 5,773 cr), with notable entries in Gold Finance (~Rs. 1,530 cr) following the acquisition of Paul Merchants Finance's gold loan portfolio worth ~Rs. 1,350 crore on June 9, 2025. Figures are provisional and subject to limited review by statutory auditors.
Strong 18% YoY growth in both disbursements and loan book signals healthy business momentum, likely positive for the stock. The successful integration of the acquired gold loan business diversifies the retail mix, while the slight dip in rural finance disbursements is a minor watchpoint.