L&T Finance Soars with Investment Grade Ratings and Record Growth

L&T Finance Ltd. (LTF), one of India's premier NBFCs, reported a significant profit after tax of Rs. 701 Crore for the first quarter ending June 30, 2025. This marks a 10% quarterly rise and a 2% yearly increase. The success coincides with the company's milestone of attaining its highest consolidated book of Rs. 1,02,314 Crore, marking a 15% YoY increase.

LTF's remarkable performance is bolstered by investment-grade credit ratings from global agencies like S&P Global Ratings and Fitch Ratings. Both agencies rated LTF at 'BBB-' with favorable outlooks, positioning the company well for accessing international capital markets. Their proprietary credit engine, 'Project Cyclops,' is now operational in SME Finance and the Two-wheeler Finance sector.

The company's digital strides are evident with the PLANET app achieving over 1.86 crore downloads. Retail disbursements reached Rs. 17,522 Crore in Q1, up 18% YoY. CEO Sudipta Roy emphasized their focus on risk-calibrated growth, maintaining asset quality, and expanding their retail footprint to two lakh villages.

(With inputs from agencies.)