L&T Finance Limited witnessed a significant block trade on the National Stock Exchange (NSE), highlighting institutional activity in the financial services sector. The transaction represents a substantial movement of shares in the company.

Block Trade Details

The block trade executed on NSE involved considerable volume and value, demonstrating institutional investor interest in the company's shares.

Transaction Significance

Block trades are large-volume transactions typically executed by institutional investors, mutual funds, or other large market participants. These trades are conducted outside regular market hours to minimize market impact and are often indicative of strategic portfolio adjustments or significant investment decisions.

The execution price of ₹290.00 per share for this substantial volume suggests institutional confidence in the stock at current market levels. Such transactions often reflect portfolio rebalancing activities or strategic investment moves by large financial institutions.

Market Impact

Block trades of this magnitude can provide insights into institutional sentiment toward the company. The successful execution of approximately 549,592 shares indicates adequate liquidity and market depth for L&T Finance shares on the NSE platform.

This transaction adds to the overall trading activity in L&T Finance shares and demonstrates continued institutional participation in the stock, which operates in the financial services sector.

L&T Finance Limited reported robust financial performance for Q3FY26, with consolidated profit after tax rising 17.9% year-on-year to ₹738.60 crores from ₹626.40 crores in the corresponding quarter of the previous year. However, the strong results were overshadowed by asset quality concerns highlighted by IIFL analysts, who noted significant disappointment on asset quality metrics.

Strong Financial Performance

The company delivered impressive growth across key financial metrics during the quarter. Net interest income grew 13.4% to ₹2,537.00 crores from ₹2,237.00 crores in the year-ago period, reflecting sustained momentum across its retail lending portfolio.

Asset Quality Concerns Emerge

Despite the strong financial performance, IIFL analysts expressed major disappointment regarding the company's asset quality metrics. According to IIFL's analysis, L&T Finance's reported credit costs rose by approximately 45 basis points quarter-on-quarter to 2.9%. The brokerage firm noted that "buffers cease, reality hits," indicating concerns about the sustainability of the current asset quality trends.

Retail Business Expansion

L&T Finance demonstrated exceptional growth in its retail segment, with disbursements for Q3FY26 reaching ₹22,690.00 crores, marking a sharp 49% increase from ₹15,210.00 crores in the year-ago quarter. The growth was broad-based across rural, urban, small and medium enterprise, and farmer finance segments.

The retail loan book expanded to ₹1,11,000.00 crores as of December 31, 2025, registering a year-on-year growth of around 21% from ₹92,224.00 crores. Retailisation remained strong at 97% during the quarter, broadly in line with last year, underscoring the lender's continued pivot away from wholesale exposures.

Nine-Month Performance and Strategic Initiatives

For the nine months ended December 31, 2025, L&T Finance maintained its growth trajectory with consolidated profit after tax of ₹2,173.71 crores, representing an 8.3% increase from ₹2,007.58 crores in the corresponding period. During the current financial year, L&T Finance acquired the gold loan business of Paul Merchants Finance Private Limited for approximately ₹711.00 crores through a slump sale on a going concern basis. Shares of L&T Finance closed marginally higher at ₹296.25, up 0.15%, ahead of the earnings announcement made after market hours.