L&T Finance quarterly results and financials

L&T Finance (LTF)₹273.70+0.53%(9 Nov 2026 close)Non Banking Financial Company (NBFC)

Key facts

In the Sep 2026 quarter (consolidated), L&T Finance reported revenue of ₹5,488 Cr, up 26.3% from Sep 2025, and net profit of ₹971 Cr, up 32.3% year on year. For the year to Mar 2026, revenue were ₹17,946 Cr and net profit ₹2,980 Cr.

Revenue (Sep 2026): ₹5,488 Cr
Net profit (Sep 2026): ₹971 Cr
Revenue (FY Mar 2026): ₹17,946 Cr
Net profit (FY Mar 2026): ₹2,980 Cr
EPS (Sep 2026): ₹3.90
Borrowings (Mar 2026): ₹1.10 L Cr

Company filings, consolidated accounts; latest reported quarter Sep 2026

L&T Finance quarterly results

₹ crore unless stated; each column is a quarter.

L&T Finance Quarterly results
	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	Sep 2026
Revenue	3,536	3,672	3,788	4,025	4,104	4,025	4,267	4,343	4,585	4,780	5,222	5,488
Interest	1,355	1,336	1,351	1,476	1,570	1,600	1,638	1,634	1,703	1,748	1,971	1,972
Net interest income	2,182	2,336	2,437	2,549	2,534	2,425	2,629	2,710	2,882	3,032	3,251	3,515
Expenses	1,377	1,620	1,484	1,577	1,678	1,584	1,641	1,664	1,802	1,891	1,976	2,125
Financing Profit	809	718	952	971	855	844	986	1,044	1,078	1,138	1,273	1,394
Financing Margin %	23.1%	20.1%	25.0%	24.1%	21.1%	21.1%	23.1%	24.1%	23.1%	24.1%	24.1%	25.1%
Other Income	46.79	5.98	0.00	4.98	7.96	3.99	0.00	0.00	−24.89	0.00	29.86	0.00
Depreciation	28.98	27.98	28.01	33.01	35.96	40.97	40.96	50.96	57.93	59.96	62.99	71.98
Profit before tax	824	694	922	939	823	806	943	988	992	1,073	1,235	1,318
Tax %	22.1%	20.0%	26.1%	26.0%	24.1%	21.0%	26.1%	26.1%	26.1%	25.0%	26.0%	26.1%
Exceptional items	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	−20.01	0.00	0.00	0.00
Net Profit	638	552	683	695	625	635	700	734	737	808	915	971
EPS (Rs)	2.58	2.24	2.76	2.80	2.52	2.56	2.82	2.95	2.96	3.23	3.61	3.90

L&T Finance profit and loss

₹ crore unless stated; years end in March. TTM is the last four quarters.

L&T Finance Profit and loss
	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026	TTM
Revenue	7,450	8,543	10,234	13,383	14,124	13,378	11,952	12,794	14,261	15,930	17,946	20,074
Interest	4,133	4,638	5,459	6,890	7,558	7,239	5,769	5,813	5,393	6,006	6,736	7,394
Net interest income	3,317	3,905	4,775	6,493	6,566	6,139	6,183	6,981	8,868	9,924	11,210	12,680
Expenses	1,982	2,780	3,311	3,383	4,166	5,408	5,238	7,939	6,200	6,314	6,950	7,795
Financing Profit	1,332	1,123	1,453	3,113	2,399	724	934	−975	2,679	3,623	4,248	4,884
Financing Margin %	18.1%	13.1%	14.1%	23.1%	17.0%	5.0%	8.1%	−8.0%	19.1%	23.1%	24.1%	24.3%
Other Income	7.96	25.89	48.78	−3.98	368	832	592	2,781	472	15.94	−25.89	4.97
Depreciation	82.96	67.01	51.99	49.99	81.98	85.90	103	111	115	139	210	253
Profit before tax	1,253	1,079	1,445	3,051	2,680	1,471	1,423	1,709	3,027	3,490	3,994	4,619
Tax %	32.1%	3.0%	12.0%	27.1%	37.1%	36.0%	26.1%	10.0%	24.0%	24.0%	25.0%	—
Exceptional items	−13.01	−8.01	−0.99	−5.01	0.00	232	347	1,693	0.00	0.00	−22.01	−20.01
Net Profit	855	1,046	1,276	2,229	1,697	947	1,047	1,534	2,312	2,637	2,980	3,431
EPS (Rs)	3.98	4.85	5.12	9.08	6.92	3.94	4.35	6.57	9.35	10.64	11.94	13.70
Dividend payout %	16.0%	13.0%	16.0%	9.0%	11.0%	0.0%	11.9%	31.0%	27.0%	26.0%	23.0%	—

L&T Finance balance sheet

₹ crore, at each year end.

L&T Finance Balance sheet
	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Equity Capital	1,716	1,751	1,753	1,992	1,993	2,000	2,464	2,470	2,475	2,484	2,489	2,498
Reserves	4,644	5,434	6,130	9,393	11,418	12,655	16,267	17,446	19,013	20,909	23,017	25,414
Borrowings	43,347	52,733	60,931	75,072	91,242	93,684	88,372	85,102	82,929	76,407	92,154	1,10,019
Other Liabilities	2,898	3,757	3,576	1,112	1,089	898	1,574	1,688	1,698	2,639	2,435	3,884
Total Liabilities	52,606	63,675	72,389	87,568	1,05,742	1,09,237	1,08,678	1,06,705	1,06,114	1,02,440	1,20,097	1,41,816
Fixed Assets	1,179	1,308	1,225	1,148	1,123	1,096	1,133	508	552	517	639	1,303
CWIP	174	22.01	28.01	19.02	39.01	62.04	24.01	22.02	5.01	36.01	44.99	62.05
Investments	2,642	3,552	5,991	5,281	8,615	5,957	8,840	11,877	14,310	12,354	11,834	10,531
Other Assets	48,612	58,793	65,147	81,121	95,965	1,02,121	98,679	94,299	91,247	89,532	1,07,579	1,29,919
Trade receivables	21.06	27.07	79.26	126	106	65.15	47.16	16.04	6.02	248	117	102
Cash & equivalents	861	402	593	1,108	1,872	7,792	8,416	7,955	12,743	4,672	10,821	7,946
Total Assets	52,606	63,675	72,389	87,568	1,05,742	1,09,237	1,08,678	1,06,705	1,06,114	1,02,440	1,20,097	1,41,816

L&T Finance cash flow

₹ crore, for each year.

L&T Finance Cash flow
	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Cash from operating activity	−6,457	−9,189	−5,761	−15,610	−11,607	2,158	5,450	6,062	7,475	684	−16,543	−14,160
Cash from investing activity	1.99	−673	−2,109	1,544	−3,575	159	−2,018	−5,068	−1,629	846	470	366
Cash from financing activity	6,567	9,442	7,973	14,706	16,056	1,454	−2,097	−3,031	−1,668	−7,072	15,445	15,450
Net cash flow	80.89	−460	54.99	587	777	3,768	1,349	−2,029	4,192	−5,513	−697	1,591
Capex	122	92.32	33.09	83.26	91.30	80.18	53.17	78.21	128	119	195	240
Free cash flow	−6,575	−9,303	−5,783	−15,631	−11,739	2,111	5,416	6,006	7,402	568	−16,782	−14,442

L&T Finance ratios

Working-capital days and returns, by year.

L&T Finance Ratios
	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
ROE %	13.0%	13.0%	14.0%	13.0%	18.0%	12.0%	4.0%	4.0%	0.0%	10.0%	11.0%	11.0%

L&T Finance: frequently asked questions

What are the latest quarterly results of L&T Finance?

For the Sep 2026 quarter, L&T Finance reported revenue of ₹5,488 Cr, up 26.3% year on year and net profit of ₹971 Cr, up 32.3% year on year.

What is the annual revenue of L&T Finance?

L&T Finance's revenue for the year to Mar 2026 were ₹17,946 Cr; over the last twelve months they were ₹20,074 Cr.

What is the net profit of L&T Finance?

Net profit for the year to Mar 2026 was ₹2,980 Cr, and ₹3,431 Cr over the last twelve months. Earnings per share over the same trailing period were ₹13.70.

What is the free cash flow of L&T Finance?

Cash from operations was −₹14,160 Cr in the year to Mar 2026; after capital spending, free cash flow was −₹14,442 Cr.

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