L&T Finance Q3 business update: Retail disbursements reach Rs 15,170 crore, loan book grows 23%

Retail disbursements for the quarter are expected to reach approximately ₹15,170 crore, marking a 4% year-on-year growth.

L&T Finance Limited (LTF) has shared its business update for the quarter ending December 31, 2024. The company estimates a 97% retailisation of its portfolio for Q3 FY25, up from 91% in the same quarter last year.

Retail disbursements for the quarter are expected to reach approximately ₹15,170 crore, marking a 4% year-on-year growth. Key figures include:

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  • Rural Business Finance: ₹4,590 crore (down from ₹5,475 crore in Q3 FY24)
  • Farmer Finance: ₹2,490 crore (up from ₹2,027 crore)
  • Urban Finance: ₹6,520 crore (up from ₹5,386 crore)
  • SME Finance: ₹1,240 crore (up from ₹965 crore)
  • Acquired Portfolio: ₹330 crore (down from ₹678 crore)

Additionally, the company’s retail loan book stands at approximately ₹92,200 crore for Q3 FY25, reflecting a 23% year-on-year increase compared to ₹74,759 crore in Q3 FY24.

These figures are provisional and subject to limited review by the company’s statutory auditors.