Expressnews
Chennai, April 2025
L&T Finance Ltd. (LTF), one of the leading Non-Banking Financial Companies (NBFCs) in India has recorded an all-time-high consolidated Profit After Tax (PAT) of Rs. 2,644 Crore for the financial year ended March 31, 2025, up 14% Year-on-Year (YoY). The Company has posted a PAT of Rs. 636 Crore, up 15% YoY for the fourth quarter ended March 31, 2025.
The retail book now stands at Rs. 95,180 Crore, up 19% when compared with retail book for the financial year ended March 31, 2024. The Company has also recorded annual retail disbursements at Rs. 60,040 Crore, up 11% YoY and quarterly retail disbursement remained stable at Rs. 14,899 Crore for the fourth quarter ended March 31, 2025.
The Board of LTF has recommended a final dividend of Rs. 2.75 per equity share (face value Rs. 10 per share) for the financial year 2024-25 at the board meeting held on April 25, 2025. This is the highest declared dividend by the Company till date. The dividend once approved by the members at the ensuing Annual General Meeting (AGM) will be paid within 30 days from the date of the AGM.
Furthermore, the Company’s customer-facing PLANET app 3.0 (Beta), which has emerged as a powerful digital channel for customers, crossed more than 1.72 Crore downloads as on date, comprising more than 16 lakh downloads on the rural side. As of date, this channel has done collections of over Rs. 3,800 Crore while servicing more than 6.85 Crore requests, and has sourced loans of over Rs. 12,700 Crore (including web). The Company has also launched a smarter, faster, and more customer-centric website.
Commenting on the financial results, Mr. Sudipta Roy, Managing Director & CEO of LTF said, “In a year marked by considerable headwinds, our performance remained resilient while showcasing our ability to thrive even in a challenging environment. This stability is underpinned by our unwavering commitment to strong asset quality reinforced by a strong focus on collection efficiency across businesses. We believe the financial year 2024-25 marks a significant step in laying the foundation for sustainable and predictable growth going forward.
Operationally, we made significant strides with the successful 100% implementation of ‘Project Cyclops’ 2.0, our next-gen AL-ML based credit underwriting engine, in Two-wheeler Finance, and its ongoing rollout in Farm Equipment Finance. Furthermore, our large partnerships with PhonePe, CRED, and Amazon Pay, launched in the financial year 2024-25, are gaining momentum. During the year, while we remained focused on strengthening our risk and credit frameworks, we equally worked on building capabilities, both on the technology and people front, which will serve us well in times to come.
Looking forward, our focus remains on delivering quality services to our customers. We are confident that our commitment to operational excellence, customer centricity, strong governance, and prudent risk management, all powered by a digital-first approach, will sustain our growth momentum as we continue to build a customer-focused, digital-native financial services powerhouse.”
