L&T Finance's Q3 FY 2025-26 Quarterly Results
- 3d ago
Result Summary
- L&T Finance Ltd reported a 5.7% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Dec (Q3 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a growth of 11.6%.
- Its expenses for the quarter were up by 4.6% QoQ and 16.4% YoY.
- The net profit increased 0.4% QoQ and increased 18.0% YoY.
- The earnings per share (EPS) of L&T Finance Ltd stood at 2.94 during Q3 FY 2025-26.
Financial Statments for Q3 FY 2025-26
Total Income | 4581.49 | 4335.79 | 4105.13 | 5.7% | 11.6% |
Total Expenses | 2970.75 | 2841.38 | 2552.27 | 4.6% | 16.4% |
Profit Before Tax | 992.17 | 988.86 | 823.90 | 0.3% | 20.4% |
Tax | 254.18 | 253.98 | 198.25 | 0.1% | 28.2% |
Profit After Tax | 737.99 | 734.88 | 625.65 | 0.4% | 18.0% |
Earnings Per Share | 2.94 | 2.93 | 2.50 | 0.3% | 17.6% |
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 prominent financial services company in India, primarily engaged in providing a range of financial products and services. The company operates in the financial sector, offering products like loans, mutual funds, and investment management services. As part of the Larsen & Toubro Group, L&T Finance Ltd benefits from the group's robust industrial presence and financial backing. While specific details about recent major developments are not available in the provided data, companies in this sector typically focus on expanding their loan portfolios, enhancing digital banking solutions, and maintaining regulatory compliance to drive growth.
Revenue
For the third quarter of fiscal year 2026 (Q3FY26), L&T Finance Ltd reported a total income of ₹4581.49 crores. This represents a quarter-over-quarter growth of 5.7% compared to ₹4335.79 crores in Q2FY26. The year-over-year growth was even more pronounced at 11.6%, up from ₹4105.13 crores in Q3FY25. These figures indicate a consistent increase in revenue generation over both the quarterly and annual periods. The company's ability to generate higher income in the current quarter compared to both the previous quarter and the same period last year underscores its revenue-generating capabilities within the financial services industry.
Profitability
The company's profitability metrics for Q3FY26 demonstrate positive performance. Profit before tax for the quarter was ₹992.17 crores, marking a slight increase of 0.3% from Q2FY26, where it stood at ₹988.86 crores. Year-over-year, the profit before tax saw a substantial increase of 20.4%, up from ₹823.90 crores in Q3FY25. After accounting for taxes, the profit after tax for Q3FY26 was ₹737.99 crores, showing a marginal increase of 0.4% quarter-over-quarter and a significant rise of 18.0% year-over-year. The earnings per share (EPS) also reflected this upward trend, with a 0.3% increase from the previous quarter and a 17.6% rise from the same period last year, reaching ₹2.94 in Q3FY26.
Operating Metrics
A detailed analysis of the operating expenses reveals that total expenses for Q3FY26 amounted to ₹2970.75 crores, up by 4.6% from ₹2841.38 crores in Q2FY26, and by 16.4% from ₹2552.27 crores in Q3FY25. The tax expense for the quarter was ₹254.18 crores, showing a marginal quarter-over-quarter increase of 0.1% and a notable year-over-year increase of 28.2%. These figures highlight the operational cost structure and tax obligations of L&T Finance Ltd over the assessed periods. The financial data indicates a sustained increase in expenses across the board, which is a critical aspect of the company's overall financial performance.