L T Finance Reports 18% Profit Growth in Q3 with Expanded Loan Book

L T Finance Ltd reported an 18% year-on-year rise in net profit to Rs 739 crore for Q3FY26, supported by improved interest margins, fees, and a 20% growth in its loan book to Rs 1,14,285 crore. The results include a one-time Rs 29 crore impact from the New Labour Code. Total income increased to Rs 4,581 crore, with retail disbursements reaching record levels, while gross non-performing assets slightly declined to 3.19%. The company cited favorable macroeconomic factors such as GST 2.0 and repo rate cuts aiding growth.