The company’s customer-facing PLANET app continued to gain traction, surpassing 2 crore downloads, including over 17.6 lakh from rural areas. The platform has handled collections exceeding ₹6,400 crore, serviced more than 934 lakh requests, and sourced loans over ₹19,300 crore. The app also won the “Best Digital Experience in Finance” award at the Global Fintech Fest 2025, highlighting LTF’s growing digital footprint.
On the technology front, L&T Finance advanced its AI and automation initiatives. “Project Cyclops,” an AI-driven digital credit engine, has been implemented in Two-wheeler Finance, Farm Equipment Finance, and SME Finance, with plans to expand to Personal Loans in Q3 FY26, and Home Loans, Rural Group Loans, and Microfinance in FY27. The beta rollout of “Project Nostradamus,” an AI-based real-time portfolio monitoring engine, has been deployed in the Two-wheeler segment ahead of schedule.
Rating agencies have recognized LTF’s strengthened credit profile. S&P Global Ratings upgraded the company’s long-term issuer credit rating to “BBB/Stable” from “BBB-/Positive” and its short-term rating to “A-2” from “A-3.” Fitch Ratings assigned long-term foreign and local currency issuer default ratings of “BBB-” with a stable outlook. These investment-grade ratings, at par with India’s sovereign rating, enable LTF to tap global capital markets and diversify its investor base.
Commenting on the results, Sudipta Roy, Managing Director & CEO, said, “Our focus on execution, technology, and customer-centric growth has enabled a strong performance in a traditionally weak quarter. The 5-pillar execution strategy, encompassing branch expansion, brand building, digital partnerships, and talent investments, is yielding tangible results.”
LTF’s gold loan segment gained momentum with disbursements of ₹983 crore and a book size of ₹1,475 crore. The company aims to expand its gold loan branch network to around 330 by year-end. Across business segments, performance remained strong: Rural Business Finance disbursements rose 16% YoY to ₹6,316 crore; SME Finance increased 18% to ₹1,468 crore; Personal Loans more than doubled to ₹2,918 crore, supported by big-tech partnerships such as Google Pay; and Housing Loans grew 7% to ₹2,713 crore with a 26% increase in book size.
With favorable monsoons, improving consumer sentiment, and festive demand, L&T Finance expects growth momentum to continue in the second half of FY26, further strengthening its position in the Indian retail finance sector.