L&T Finance reported record annual consolidated PAT of Rs 3,003 crore, up 14% YoY, with Q4 PAT at Rs 807 crore rising 27% YoY.
Retail book grew 26% YoY to Rs 1,19,508 crore with disbursements surging 39% to Rs 83,213 crore, driven by two-wheeler, gold, and personal loans.
The company launched 5-year strategic plan Lakshya 2031 targeting 20%+ book growth, RoA of 3-3.2%, and RoE of 16-18%.
Board recommended dividend of Rs 2.75 per share while maintaining steady credit cost at 2.54% and achieving lowest-ever borrowing cost of 7.17%.