L&T Finance Hits Record Rs 1.36 Trillion Book Size

L&T Finance Ltd. (LTF) reported a significant financial performance for the second quarter ended September 30, 2026 (Q2FY27), with consolidated Profit After Tax (PAT) reaching Rs 975 Crore, a 33% increase year-on-year. The company also achieved a record consolidated book size of Rs 1,36,635 Crore, up 28% year-on-year, with its retail book growing to Rs 1,34,600 Crore.

Robust retail disbursements of Rs 24,027 Crore in the quarter, up 27% year-on-year, highlight continued business momentum. LTF is actively progressing towards its Lakshya 2031 ambition of becoming a risk-first, technology-first, and AI-native retail financial services institution. This strategic shift involves embedding intelligence across all customer touchpoints and operations.

The company's digital initiatives, including the PLANET app which surpassed 2.7 crore downloads, are central to this transformation. The app now services 94% of total customer requests and has driven significant collections and business generation. Enhancements include a dedicated rural interface and the Partner PLANET app for dealer engagement.

Under its Lakshya 2031 plan, LTF is investing in artificial intelligence to improve credit decision-making, identify early warning signals, and boost operational efficiency. The company aims to sustain profitable growth, enhance returns, and strengthen its franchise quality by focusing on technology, distribution, and robust risk management.