Mumbai, January 5, 2026: L&T Finance Limited (NSE: LTF | BSE: 533519) reported a strong operating performance for the quarter ended December 31, 2025, with retail disbursements surging 49 percent year-on-year to an estimated ₹22,690 crore, reflecting sustained momentum across key lending segments.
The company’s retail loan book also expanded steadily, rising 21 percent year-on-year to approximately ₹1.11 lakh crore at the end of the December quarter, underscoring continued focus on retail-led growth.
Retail Disbursements Performance
During Q3FY26, growth was broad-based across rural, urban, SME and farmer finance segments, with gold finance also contributing meaningfully during the quarter.| Segment | Q3FY25 (Actual) | Q3FY26 (Estimated) |
|---|---|---|
| Rural Business Finance | ₹4,599 crore | ₹6,740 crore |
| Farmer Finance | ₹2,495 crore | ₹2,780 crore |
| Urban Finance | ₹6,531 crore | ₹9,670 crore |
| SME Finance | ₹1,249 crore | ₹1,550 crore |
| Gold Finance | – | ₹1,400 crore |
| Acquired Portfolio | ₹336 crore | ₹550 crore |
| Total Retail Disbursements | ₹15,210 crore | ₹22,690 crore |
Retail Loan Book Growth
The retail-focused strategy continued to strengthen the balance sheet, with the retail loan book rising to an estimated ₹1,11,900 crore at the end of Q3FY26.| Particulars | Q3FY25 (Actual) | Q3FY26 (Estimated) |
|---|---|---|
| Retail Loan Book | ₹92,224 crore | ₹1,11,900 crore |
Higher Retailisation Levels
Retailisation improved further during the quarter, increasing to 98 percent in Q3FY26 from 97 percent a year ago, indicating deeper concentration on granular retail assets.| Period | Retailisation |
|---|---|
| Q3FY25 | 97% |
| Q3FY26 | 98% |
About the Company
L&T Finance Limited is a listed non-banking financial company in India with a diversified presence across rural finance, farmer finance, urban finance, SME finance and other retail lending segments. The company’s equity shares are listed on the NSE and BSE.Source:
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