L&T Finance Ltd. (LTF) records highest ever consolidated annual Profit After Tax (PAT) of Rs. 3,003 Crore (before effect of Labour Code considered in Q3FY26) in the financial year ended March 31, 2026 (FY26), up 14% Year-on-Year (YoY) and consolidated PAT of Rs. 807 Crore for the fourth quarter ended March 31, 2026, up 27% YoY

L&T Finance Ltd. (LTF), one of the leading Non-Banking Financial Companies (NBFCs) in India has recorded highest ever consolidated Profit After Tax (PAT) of Rs. 3,003 Crore (before effect of Labour Code considered in the third quarter ended December 31, 2025) for the financial year ended March 31, 2026, up 14% YoY. The Company has posted a PAT of Rs. 807 Crore, up 27% YoY for the fourth quarter ended March 31, 2026.

The retail book now stands at Rs. 1,19,508 Crore, up 26 % when compared with retail book for the financial year ended March 31, 2025. The Company has also recorded highest ever annual retail disbursements at Rs. 83,213 Crore, up 39% YoY and highest ever quarterly retail disbursements at Rs. 24,107 Crore, up 62% for the fourth quarter ended March 31, 2026.

After successfully executing its strategic plan Lakshya 2026, the Company announced its next 5-year strategic plan Lakshya 2031. As a part of its Lakshya 2031 strategy, the Company aims to balance resilient growth with consistent returns and truly transform into a Risk-first, Technology-first, Multi-product Retail Financier of Choice. The Company will be focusing on tech-enabled granular execution and will work towards consistently achieving a Book Growth of over 20%, maintaining Credit Cost of less than 2%, achieving Return on Assets (RoA) between 3% – 3.2%, and Return on Equity (RoE) between 16% – 18%.

The Company’s customer-facing PLANET app, which has emerged as a powerful digital channel for customers, crossed more than 2.40 Crore downloads as of March 31, 2026, comprising more than 19.2 Lakh customers on the rural side. As of March 31, 2026, this channel has done collections of over Rs. 9,500 Crore while servicing over 12 Crore requests and has sourced loans of around Rs. 29,000 Crore.

Commenting on the financial results Mr. Sudipta Roy, Managing Director & CEO, LTF, said, “FY26 has been a good year for us, despite significant headwinds in our microfinance business in the initial months of the year and the end of the year closing with geopolitical tensions. Through the course of the year, we remained steadfast in our approach—tightening credit and risk administration frameworks, strengthening collections infrastructure, accelerating our AI-led technology transformation and continuously focusing on growth across all our business lines. On the microfinance business, our focus was on navigating the cycle with prudence and our efforts have yielded results, with business parameters across both disbursements and collection efficiencies now reverting to near pre-crisis levels, giving us confidence that the financial year beginning April 1, 2026 (FY27) will be a stable and productive year for this segment.

FY26 also marks the successful completion of our Lakshya 26 strategic plan, achieving most of our stated objectives even amid volatility in the credit environment. This reflects the resilience of our diversified franchise, disciplined execution, and the strength of the digital and analytics capabilities that we built during the plan period. As we embark on our next five-year strategic roadmap, Lakshya 31, we are setting ourselves ambitious and measurable targets to drive consistent growth with improved profitability. While global geopolitical uncertainties persist, we remain confident that the solid foundation established during the Lakshya 26 period will enable us to deliver steady outcomes and create long-term value for all stakeholders and truly transform L&T Finance into a Risk-first, Technology-first, Multi-product Retail Financier of Choice.”