L&t Finance

L&T Finance share price soars 45% so far in 2025; what's behind the rally?

LTF stock price hit an over seven-year high of ₹197.10, and was trading higher for the fifth straight day, surging 14% during this period.

MFI collection efficiency back at 99.6%: L&T Finance MD & CEO Sudipta Roy

Sudipta Roy said that the transfer of the gold business of Paul Merchants Finance will be completed by June 15

Tikona Infinet resolves dispute regarding debt payments with L&T Finance

Internet service provider Tikona Infinet on Monday announced that they have entered into a definitive settlement agreement with L&T Finance Limited to resolve the dispute on debt bonds. The announcement came after the National Company Law Tribunal (NCLT), Mumbai Bench, earlier admitted an application filed by L&T Finance against Tikona Infinet, citing default on coupon payments for CCDs. Tikona Infinet said the pact was signed on May 10, bringing closure to a previously reported shareholder matter related to Series 'E' Compulsorily Convertible Debentures (CCDs), following which L&T Finance has started the process to withdraw its application. "It was a dispute amongst the shareholders about Coupon Rights. I am glad to inform you that a settlement agreement has already been executed, which will settle all disputes amicably between LTF Limited and the other majority shareholders. A withdrawal application to the NCLT is under process," Tikona Infinet founder and CEO Prakash ...

L&T Finance to increase commercial paper issuance amid softening rates

L&T Finance Ltd's total liabilities stood at Rs 92,247 crore in March 2025 as against Rs 86,161 crore in December 2024 and Rs 76,541 crore in March 2024

L&T Finance Q4 results: Profit rises 15% to ₹636 cr, revenue at ₹4,027 cr

Retail-focused non-bank lender L&T Finance Holdings on Friday reported a 15 per cent rise in consolidated net profit to Rs 636 crore for the January-March quarter of 2024-25. The company had earned a net profit of Rs 554 crore in the corresponding quarter of the previous financial year. During the quarter, the NBFC's total income increased to Rs 4,027 crore from Rs 3,676 crore a year ago, L&T Finance said in a regulatory filing. Interest income grew to Rs 3,750 crore during the period under review, from Rs 3,323 crore in the corresponding quarter a year ago. Retail disbursements rose to Rs 14,899 crore as compared to Rs 15,044 crore in the last quarter of the previous year. The NBFC firm plans to foray into gold loans and entered into a business transfer agreement with Paul Merchants Finance Pvt Ltd for the proposed acquisition of their gold loan business undertaking by way of a slump sale on a going concern basis, subject to fulfilment of customary closing conditions. "The ...

L&T Finance to make gold loan biz foray with Rs 537 crore PFML buy

The agreement is subject to necessary approvals and the fulfilment of all conditions precedent to closing

L&T Finance Q3 result: PAT down 2% to Rs 626 cr on rise in impairment costs

Its Net Interest Margin + Fees & Other Income stood at 10.33 per cent for Q3Fy25 down from 10.93 per cent in Q3Fy24, according to Analysts presentation

MRF, L&T Finance, IOC, SAIL among 50 stocks from BSE500 to hit 52-week lows

In one month, the BSE 500 index has underperformed the market by falling 8.1 per cent, as compared to the 6.5 per cent decline in the BSE Sensex during the period

HDFC Sec's Nandish Shah recommends a Bull Spread strategy on L&T Fin

Long build up is seen in the L&T Fin Futures, where we have seen 18 per cent rise in the open interest with price rising by 2.5 per cent

L&T Finance lowers NIM guidance, sees challenges in retail loan segment

Retail loan growth may slow down to 15-20% from over 25%

L&T Finance Q2FY25 results: Consolidated net up 17% at Rs 696 crore

Warns on persisting headwinds; may calibrate growth; credit costs rise

Uptick in auto demand, improvement in microfinance likely: L&T Finance

L&T Finance on Wednesday said it is expecting a decent uptick in automobile demand during the festive season on the back of good monsoon and is hopeful of a reasonable improvement in the microfinance segment in the second half of the current fiscal. "Of late, there are reports that the auto industry is seeing some slowdown, but I am very hopeful that on the back of good monsoon that we see, I think during the festive period, we will see a decent uptick both in terms of two-wheelers as well as four-wheelers," L&T finance Managing Director and Chief Executive Officer Sudipta Roy told PTI. Speaking on the sideline of the three-day Global Fintech Festival, Roy said in terms of loan disbursements, overall, the two-wheeler segment is doing very well, adding that, "post Diwali, the demand has been relatively robust. We have been seeing ... our disbursements going somewhere between 15-20 depending upon the region." Stating that the microfinance industry is currently going through a ...

L&T Finance shares climb 3% post robust Q1 show; net profit jumps 29% YoY

L&T Finance shares soared up to 3 per cent, at Rs 189.85 per share on the BSE in Thursday's intraday deals

L&T Finance planning to resume retail bond issuance in H2FY25: CFO Joshi

Firm stepping up borrowing through Commercial Paper to make the most of soft interest rates

L&T Finance Q1 results: Consolidated net up 29% on healthy margins, fees

Its NIM plus fees and other income improved by 144 basis points to 11.08 per cent in Q1FY25 from 9.64 per cent in Q1FY24, LTF said in a statement

L&T Finance extend gains as Morgan Stanley buys stake; up 8% in two days

Shares of L&T Finance extended their gains on Friday, rising 4.5 per cent at Rs 183.20 per share on the BSE in Friday's early morning deals

L&T Finance's rural business finance book reaches Rs 25,000 crore

Non-bank lender aims to scale up loan against properties

Stocks to Watch, June 13: L&T Finance, PNB Housing, 360 One WAM, Bondada

Stocks to Watch, Thursday, June 13, 2024: According to reports, investment firm Bain Capital and BNP Paribas will likely sell shares worth Rs 1,500 crore of L&T Finance, through block deals today

L&T Finance aims at 25% CAGR over next few years, retail lending in focus

L&T Finance Ltd is aiming at a 25-per cent compound annual growth rate (CAGR) over the next few years, with focus on consolidating its retail lending business, a top company official said on Wednesday. The financial services arm of Larsen & Toubro plans to completely exit the wholesale segment by 2026, transforming itself into a 100 per cent retail non-banking financial company (NBFC) from nearly 94 per cent at present. The company's new offering Complete Home Loan' signifies a fresh impetus to its mortgage business, he said. The lender also expects this product to surpass microfinance in terms of book size in the near future. "Fueled by the revival in credit offtake, we will maintain our robust growth trajectory of 25-per cent CAGR over the next few years. With the larger ticket size of home loans, this portfolio is expected to surpass microfinance assets in the coming years," MD & CEO of L&T Finance Sudipta Roy said. "However, even if the mortgage book size ...

L&T Finance plans to increase short term, ECB fundraise in FY25

Company aims for strategic adjustments to benefit from the anticipated softening of interest rates