L&T Finance Q1 Results: Profit Jumps 2.3%, Meets Estimates
Net interest income rises 8% to Rs 2,278.8 crore in the June quarter.
L&T Finance Ltd. reported a 2.3% surge 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.
L&T Finance Q1 FY26 Highlights (Consolidated, YoY)
Total income up 12.6% to Rs 4,259.60 crore versus Rs 3,784.61 crore.
Net profit up 2.3% to Rs 701.1 crore versus Rs 685.51 crore (Bloomberg Estimate: Rs 681 crore).
Net interest income up 8% to Rs 2,278.76 crore versus Rs 2,101.21 crore (Bloomberg Estimate: Rs 2,457 crore).
L&T Finance's share price closed 1.69% higher at Rs 203.15 apiece on the NSE, compared to a 0.57% decline in the benchmark Nifty.
