L&T FINANCE LIMITED

During the Q1FY27 earnings conference call, management provided insights into L&T Finance's financial performance and strategic priorities. The company reported a record consolidated profit after tax of ₹902 Cr, marking a 29% year-on-year growth. The consolidated book reached ₹1,29,634 Cr, reflecting a 27% increase. Management highlighted strong retail disbursements of ₹23,852 Cr, up 36% YoY, driven by various business lines. They discussed the macroeconomic environment, noting resilience in India's economy despite geopolitical uncertainties and the impact of El Nino on monsoon patterns. Management emphasized a cautious approach to growth, prioritizing asset quality over aggressive expansion. They provided updates on their strategic roadmap, Lakshya 2031, aiming for a 20%+ CAGR in book growth and improvements in credit costs and returns. The call concluded with management expressing confidence in their technology initiatives and operational efficiencies to drive future growth.

Management emphasized strong financial performance and strategic growth initiatives.