L&T Finance , a prominent player in the Indian financial services sector, witnessed a substantial block trade on the National Stock Exchange (NSE) recently. The transaction involved approximately 6,434,576 shares, valued at Rs. 172.94 crores, with the shares trading at Rs. 268.76 per share.

Block Trade Details

This significant block trade comes at a time when L&T Finance has been focusing on strengthening its retail portfolio and improving its financial performance.

Recent Financial Performance

L&T Finance reported a consolidated Profit After Tax (PAT) of Rs. 735 crores, marking a 6% year-on-year growth and a 5% quarter-on-quarter improvement. The company's retail book crossed the Rs. 1 lakh crore milestone, standing at Rs. 1,04,607 crores, reflecting an 18% year-on-year growth.

Strategic Focus

L&T Finance has been emphasizing its 'retailisation' strategy, with 98% of its portfolio now comprising retail assets. The company has also been investing in technology initiatives such as:

• Project Cyclops: An AI-powered digital underwriting engine
• Project Nostradamus: An automated real-time portfolio management system

Market Outlook

The company expects a positive trajectory, particularly in sectors benefiting from GST 2.0 reforms and improved consumer sentiment. L&T Finance anticipates growth opportunities in various segments, including:

• Two-Wheeler Finance
• Farm Equipment Finance
• Personal Loans

This block trade may indicate investor interest in L&T Finance's growth strategy and its positioning in the evolving financial services landscape. However, it's important to note that block trades can occur for various reasons, and without additional information, it's not possible to determine the specific motivations behind this transaction.

Investors and market watchers will likely keep a close eye on L&T Finance's performance in the coming quarters to gauge the impact of its strategic initiatives and the overall market conditions on its business growth and profitability.

L&T Finance , a leading non-banking financial company (NBFC), has reported a robust performance for the second quarter of fiscal year 2026 (Q2FY26), with significant growth in key financial metrics and strategic initiatives.

Financial Highlights

• Consolidated Profit After Tax (PAT) reached Rs 735 crore, marking a 6% year-on-year (YoY) growth and a 5% quarter-on-quarter (QoQ) increase.
• The retail book crossed the Rs 1 lakh crore milestone, standing at Rs 1,04,607 crore, reflecting an 18% YoY growth.
• Consolidated book size grew by 15% YoY to Rs 1,07,096 crore.
• Return on Assets (RoA) stood at 2.41%, while Return on Equity (RoE) was 11.33%.

Record-Breaking Disbursements

L&T Finance achieved its highest-ever quarterly disbursements of Rs 18,896 crore, representing a 25% YoY and 8% QoQ growth. This performance was driven by strong growth across various business segments:

Technological Advancements

The company's AI-powered Project Cyclops underwriting engine now powers 100% of underwriting in Two-Wheeler, Farm Equipment, and SME businesses. This has led to improved portfolio performance, including reduced bounce rates and net non-starters (NNS).

Credit Cost Improvement

Credit costs (before macro prudential provisions) improved from 3.80% in Q4FY25 to 2.98% in Q2FY26. The company utilized Rs 150 crore from macro prudential provisions, leaving Rs 125 crore remaining.

Collection Efficiency

Pan-India collection efficiency in microfinance improved to 99.50% from 99.35% in the previous quarter, indicating a strengthening portfolio quality.

Strategic Expansion

The gold loans business achieved Rs 983 crore in quarterly disbursements, with plans to expand to over 330 branches by the end of FY26, signaling a strong push into this secured lending segment.

Digital Partnerships

Personal loans disbursements surged 114% YoY to Rs 2,918 crore, driven by partnerships with major tech platforms including Amazon Pay, Cred, PhonePe, and Google Pay. These partnerships have significantly boosted the company's digital lending capabilities.

Outlook

L&T Finance maintains its AUM growth guidance of 20-25% and targets a 2% credit cost trajectory over the medium term. The company's focus on risk-calibrated growth, technological innovation, and strategic partnerships positions it well for sustained performance in the evolving financial services landscape.

Mr. Sudipta Roy, Managing Director and CEO of L&T Finance, commented on the results, stating, "Our core business franchise stands in good shape, evidenced by the numbers posted in Q2FY26. We are confident that this performance trajectory will continue in the remainder of FY26, supported by our ongoing investments in strengthening the company and upgrading our capabilities across domains."

As L&T Finance continues to leverage its technological advancements and strategic initiatives, the company appears well-positioned to capitalize on the growing credit demand in the Indian market, particularly in the retail segment.