Awaiting price reaction for this filing.
L&T Finance Limited posted an all-time-high consolidated Profit After Tax of Rs. 2,644 crore for FY25, up 14% year-on-year, with Q4FY25 PAT rising 15% YoY to Rs. 636 crore. The retail book grew 19% YoY to Rs. 95,180 crore, retail disbursements rose 11% YoY to Rs. 60,040 crore, and retailisation reached 97% of the overall book. The Board recommended a highest-ever final dividend of Rs. 2.75 per equity share for FY25. Asset quality remained broadly stable with Gross Stage 3 at 3.29% and Net Stage 3 at 0.97%, while RoA improved to 2.44% and RoE to 10.87%. The company also announced a foray into gold loans through the proposed slump sale acquisition of Paul Merchants Finance's gold loan business, expected to close by Q2FY26.
Record profits, the highest dividend in company history, and double-digit growth in retail and SME segments are positive for shareholders and should support stock sentiment. The gold loan acquisition adds a new secured growth avenue, though a mild uptick in Gross Stage 3 (3.29% vs 3.15% YoY) and softer Q4 disbursements in two-wheeler and rural finance warrant a watch.