L&T Finance hits record book size following investment grade ratings
L&T Finance reported consolidated profit after tax of ₹701 crore for Q1 FY26, up 10% quarter-on-quarter and 2% year-on-year, achieving its highest-ever consolidated book of ₹1,02,314 crore. Retail disbursements rose 18% year-on-year to ₹17,522 crore.
The company received debut investment grade credit ratings of "BBB-/Positive" from S&P Global Ratings and "BBB-/Stable" from Fitch Ratings, matching India's sovereign credit rating and enabling access to global capital markets.
Retailization reached 98%, exceeding the Lakshya 2026 target, while gross stage 3 assets stood at 3.31%.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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