L T Finance Reports 18% Profit Growth and Expands Retail Loan Book in Q3 FY26
2 hours agoBusiness
33LENS
3 SourcesGaza Strip, Palestine
TBNthebalanced.news

L T Finance Reports 18% Profit Growth and Expands Retail Loan Book in Q3 FY26

L T Finance reported an 18% year-on-year rise in consolidated net profit to around Rs 739 crore for Q3 FY26, supported by an 18% increase in total income to Rs 2,920 crore. The retail loan book grew 21% to Rs 1.11 lakh crore, with gold loans expanding rapidly through new branches. The company aims for disciplined retail growth of 20-25%, emphasizing strong underwriting and stable credit costs. Asset quality improved slightly, with return on assets and equity also rising.

Political Bias
0%100%0%
Sentiment
73%