L&T Finance Q1 Updates: Retail Loan Book Rises 18%, Urban Finance Leads
L&T Finance's retailisation is estimated at 98% in the first quarter of this fiscal, as compared to 95% in the year-ago period.
L&T Finance Ltd., the lending arm of the Larsen & Toubro Group, saw a 18% year-on-year rise in its retail loan book to Rs 99,800 crore in the quarter ended June 2025, as per quarterly business updates released on Thursday.
The retail loan book of the non-banking financial company was Rs 84,444 crore in the corresponding quarter last year.
Retail disbursements jumped 18% to Rs 17,510 crore. The maximum loans were issued under the urban finance segment at Rs 6,850 crore, higher as compared to Rs 6,044 crore in the same quarter of last fiscal.
The loans issued under the farmer finance segment also jumped to Rs 2,200 crore from Rs 1,903 crore in the June 2024 quarter. The SME finance business rose from Rs 978 crore to Rs 1,270 crore.
On the other hand, the rural business finance segment dropped to Rs 5,610 crore from Rs 5,773 crore in the year-ago period.
L&T Finance said its retailisation is estimated at 98% in the first quarter of this fiscal, as compared to 95% in the year-ago period.
L&T Finance Share Price
The business update was shared after market hours. The stock settled 1.5% lower at Rs 203.12 apiece on the NSE, compared to a 0.19% decline in the benchmark Nifty 50.
L&T Finance's shares have risen 7.64% over the past 12 months and 49.76% year-to-date.
Out of 20 analysts tracking the stock, 12 have a 'buy' rating, three suggest a 'hold,' and five recommend a 'sell.' The average of 12-month analysts' price target of Rs 184.79 implies a potential downside of 9.1%.
