L&T Finance's Q1 FY 2026-27 Quarterly Results

Result Summary

• L&T Finance Ltd reported a 9.9% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Jun (Q1 FY 2026-27). On a year-on-year (YoY) basis, it witnessed a growth of 23.1%.
• Its expenses for the quarter were up by 8.7% QoQ and 23.4% YoY.
• The net profit increased 13.2% QoQ and increased 30.7% YoY.
• The earnings per share (EPS) of L&T Finance Ltd stood at 3.59 during Q1 FY 2026-27.

Financial Statments for Q1 FY 2026-27

Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

Company Overview

L&T Finance Ltd is a subsidiary of Larsen & Toubro, one of India's largest conglomerates with diverse interests across engineering, construction, manufacturing, technology, and financial services. L&T Finance Ltd primarily operates in the financial services sector, offering a wide range of products including but not limited to loans, mutual funds, and wealth management services. The company is committed to providing innovative financial solutions to its clientele, leveraging technology and its extensive market presence to drive growth. As of the latest data, there are no specific major developments or events publicly available concerning L&T Finance Ltd. This report will focus on the financial performance of the company for the first quarter of the fiscal year 2027 (Q1FY27).

Revenue

During the first quarter of fiscal year 2027, L&T Finance Ltd reported a total income of ₹5243.31 crores, marking a 9.9% increase from the previous quarter (Q4FY26) where the total income was ₹4771.10 crores. This also represents a significant 23.1% growth compared to the same quarter in the previous fiscal year (Q1FY26), which recorded a total income of ₹4259.60 crores. The increase in total income on both a quarter-over-quarter and year-over-year basis highlights the company's capacity to generate revenue growth within the challenging financial services sector. Factors contributing to this growth may include increased market penetration and enhanced product offerings, though specific drivers are not detailed in the provided data.

Profitability

The profitability of L&T Finance Ltd in Q1FY27 is underscored by a profit before tax of ₹1236.28 crores, which reflects a 15.1% rise from the previous quarter's ₹1073.92 crores, and a 31.1% increase from the ₹943.22 crores reported in Q1FY26. The tax expense for the quarter stood at ₹320.29 crores, increasing by 21.0% from Q4FY26 and 32.1% from Q1FY26. Consequently, the profit after tax for Q1FY27 was ₹915.99 crores, showing a 13.2% rise quarter-over-quarter and a 30.7% rise year-over-year. The earnings per share (EPS), a key indicator of profitability, increased to ₹3.59 from ₹3.21 in Q4FY26 and ₹2.80 in Q1FY26, representing growth of 11.8% and 28.2%, respectively.

Operating Metrics

Operating metrics for L&T Finance Ltd during Q1FY27 indicate a strong performance in managing expenses and generating profits. Total expenses for the quarter were ₹3424.39 crores, which increased by 8.7% compared to the previous quarter's ₹3150.99 crores and by 23.4% from Q1FY26's ₹2774.08 crores. Despite the rise in expenses, the higher percentage increase in total income facilitated an improvement in profit margins. The company's ability to maintain a balance between income growth and expense management is evident in the enhanced profitability metrics. Notably, the company has not provided specific details on key financial ratios such as the P/E ratio, debt-to-equity ratio, or current ratio in the data, which are essential for a more comprehensive analysis of financial health.