LTFNSEL&T Finance LimitedHighNeutral
Announced Fri, 18 Jul · 19:56 IST

L&T Finance Limited has submitted to the Exchange, the financial results for the period ended June 30, 2025.

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

L&T Finance Limited reported Q1 FY26 consolidated total revenue from operations of ₹4,259.57 crore, up about 12.6% from ₹3,784.40 crore a year ago. Consolidated profit after tax rose to ₹700.84 crore from ₹685.25 crore in Q1 FY25, a modest ~2.3% YoY rise, while standalone PAT came in at ₹694.09 crore vs ₹678.92 crore. Basic EPS stood at ₹2.81 (consolidated) and ₹2.78 (standalone). The Board also noted the acquisition of Paul Merchants Finance Private Limited's gold loan business for ₹71 crore via slump sale on June 9, 2025, adding roughly ₹1,350 crore to the gold loan portfolio. Asset quality remained comfortable with Gross Stage 3 at 3.31% and Net Stage 3 at 0.99%; CRAR was 20.68% and standalone net worth ₹25,309 crore. Joint statutory auditors (Brahmayya & Co. and T R Chadha & Co LLP) issued an unmodified limited review report with no qualifications or emphasis-of-matter.

Likely market impact

Stable quarter with mid-teens revenue growth and broadly flat profits on a high base, suggesting no immediate earnings catalyst but consistent franchise strength. The gold loan acquisition adds a new asset class and supports diversification, while strong CRAR and contained Stage 3 ratios should keep credit profile and investor confidence steady.