L&T Finance Q1 Results: Profit Up 2.3%, Meets Estimates

L&T Finance Ltd. reported a 2.3% rise in consolidated net profit in the first quarter of financial year 2026, meeting analysts' estimates.

The bottom line came in at Rs 701.1 crore compared to Rs 685.5 crore in the same period last year, according to an exchange filing on Friday. Analysts' consensus estimates compiled by Bloomberg projected Rs 682 crore.

• Total income up 13% to Rs 4,259.6 crore versus Rs 3,784.6 crore.

• Net profit up 2.3% to Rs 701.1 crore versus Rs 685.5 crore (Bloomberg estimate: Rs 681 crore).

• Net interest income up 8% to Rs 2,278.8 crore versus Rs 2,101.2 crore (Bloomberg Estimate: Rs 2,457 crore).

In a challenging quarter, L&T Finance remained focused on outcomes and achieved a resilient performance while showcasing the ability to manage market headwinds, according to Chief Executive Officer Sudipta Roy.

"This performance is on the back of our commitment to sourcing creditworthy customers backed by technology and robust credit guardrails, while keeping a strong focus on collection efficiency across businesses," Roy said.