L&T Finance board to review quarterly financial results

L&T Finance announced that its Board of Directors will convene on July 18, 2025, to review and approve the unaudited financial results for the quarter ending June 30, 2025. The board will consider both standalone and consolidated results. In related news, the company provided a business update for the same quarter, highlighting retailisation and disbursement figures. L&T Finance estimates retailisation of its portfolio at approximately 98% by the end of Q1FY2025-26. Retail disbursements are projected to be around INR 17,510 crore, reflecting a growth of approximately 18% year-over-year. The retail loan book is expected to reach approximately INR 99,800 crore, also representing an 18% year-over-year increase. Notably, these figures include the acquisition of Paul Merchants Finance Pvt Ltd's (PMFPL) gold loan business completed on June 9, 2025, contributing INR 1,350 crore to the gold loan portfolio. Q1FY2025-26 retail disbursements are: Rural Business Finance: INR 5,610 crore, Farmer Finance: INR 2,200 crore, Urban Finance: INR 6,850 crore, SME Finance: INR 1,270 crore and Gold Finance*: INR 1,530 crore. The company will make the board meeting intimation available on its website, as well as the BSE and NSE websites. The information presented in the business update is estimated, provisional, and subject to a limited review by the Statutory Auditors of the Company.