L&T Finance reported strong Q1 FY27 results with revenues at ₹5,212.92 crore and profit after tax at ₹915.99 crore. The board also approved the appointment of Mr. Prashant Kumar as an Additional Independent Director.
L&T Finance Reports Strong Q1 FY27 Financials
L&T Finance reported revenues of ₹5,212.92 crore and Profit After Tax (PAT) of ₹915.99 crore for the quarter ended June 30, 2026.
Reader Takeaway: Solid profit growth driven by increased revenue and a new independent director appointment. Asset quality needs monitoring.
What just happened
L&T Finance Limited announced its financial results for the first quarter of the financial year 2027 (ended June 30, 2026). The company reported a total revenue of ₹5,212.92 crore, a notable increase from ₹4,771.03 crore in the previous quarter and ₹4,259.57 crore in the same quarter last year. Profit Before Tax (PBT) stood at ₹1,236.28 crore, and Profit After Tax (PAT) reached ₹915.99 crore. Basic Earnings Per Share (EPS) was ₹3.60.
Why this matters
These results indicate a positive financial trajectory for L&T Finance, showcasing sequential and year-on-year growth in its top and bottom lines. The appointment of an experienced director like Mr. Prashant Kumar strengthens the board's oversight. The reclassification of Nabha Power Limited may simplify the promoter structure.
The backstory
L&T Finance has been focusing on its retail and wholesale lending businesses. The company has been actively managing its co-lending arrangements and project finance portfolios. Mr. Prashant Kumar's background in banking and risk management at institutions like State Bank of India and Yes Bank provides valuable expertise.
What changes now
The appointment of Mr. Prashant Kumar as an Additional Independent Director, effective July 10, 2026 (subject to member approval), brings seasoned leadership to the board. The reclassification of Nabha Power Limited from 'Promoter Group' to 'Public' category, pending regulatory approvals, aims to streamline the shareholding structure.
Risks to watch
While the financial performance is robust, investors should monitor the asset quality of the co-lending portfolio, particularly the non-performing loans within that segment. The debt-equity ratio of 4.09 also warrants attention.
Peer comparison
(No peer comparison data available in the filing).
Context metrics (time-bound)
- Total Revenue (₹ crore): Q1 FY27: 5,212.92 | Q4 FY26: 4,771.03 | Q1 FY26: 4,259.57
- Profit After Tax (₹ crore): Q1 FY27: 915.99 | Q4 FY26: 809.16 | Q1 FY26: 700.84
- Basic EPS (₹): Q1 FY27: 3.60 | Q4 FY26: 3.22 | Q1 FY26: 2.81
- Co-lending (Personal Loans): Gross Outstanding: ₹2,103.08 crore
- Project Finance: Outstanding: ₹893.22 crore
What to track next
Investors will be keen to observe the continued growth in revenue and profitability, the integration of new board leadership, and the performance of the co-lending and project finance books.