L&T Finance Limited — Updates, 20-01-2025: Press Release

**Press Release Summary**

L&T Finance Ltd. (LTF) reported a consolidated Profit After Tax (PAT) of ₹2,007 Crore for the nine months of FY25, marking a 14% increase compared to the same period last year. For Q3FY25, the consolidated PAT was ₹626 Crore. The company has a strong retail franchise, with a retail book of ₹92,224 Crore, reflecting a 23% year-on-year growth. Retail disbursements reached ₹15,210 Crore, up 5% YoY. Key initiatives included the launch of the Knowledgeable AI virtual home loan advisor, a partnership with Amazon Pay for consumer lending, and the hosting of RAISE' 24, an AI event in the BFSI sector. Asset quality remained robust, with Gross Stage 3 at 3.23% and Net Stage 3 at 0.97%. The ongoing focus on digital solutions and innovative credit offerings positions LTF for potential growth, despite challenges in the microfinance sector. Investors should monitor the company’s strategic objectives and continuous investment in technology to enhance customer experience and operational efficiency.