Board Meeting Details

The Board of Directors meeting was held on October 15, 2026, commencing at 2:50 PM and concluding at 7:05 PM.

Documents Approved

The Board approved:

  • Unaudited financial results (consolidated and standalone) for quarter and half year ended September 30, 2026
  • Limited Review Report of Statutory Auditors
  • Certificate under Regulation 54 of SEBI Listing Regulations
  • Statement indicating no deviation in utilization of issue proceeds of non-convertible securities
  • Disclosure of related party transactions for half year ended September 30, 2026

Financial Results - Consolidated (₹ in Crores)

Quarterly Performance (Q2 FY27 vs Q2 FY26)
  • Total Income: ₹5,484.23 vs ₹5,243.31 (4.6% increase)
  • Profit Before Tax: ₹1,318.84 vs ₹1,236.28 (6.7% increase)
  • Profit After Tax: ₹972.76 vs ₹915.99 (6.2% increase)
  • EPS (Basic): ₹3.89 vs ₹3.60
  • EPS (Diluted): ₹3.88 vs ₹3.59
Half-Yearly Performance (H1 FY27 vs H1 FY26)
  • Total Income: ₹10,727.54 vs ₹8,595.39 (24.8% increase)
  • Profit Before Tax: ₹2,555.12 vs ₹1,932.08 (32.3% increase)
  • Profit After Tax: ₹1,888.75 vs ₹1,435.72 (31.5% increase)
  • EPS (Basic): ₹7.49 vs ₹5.75
  • EPS (Diluted): ₹7.48 vs ₹5.73

Key Financial Metrics

  • Net Profit Margin (H1 FY27): 17.61%
  • Debt-Equity Ratio: 4.21
  • Net Worth: ₹29,267.07 crore
  • Total Assets: ₹1,57,796.26 crore as of September 30, 2026

Asset and Liability Position (Consolidated)

Assets
  • Loans: ₹1,32,173.76 crore
  • Investments: ₹8,661.77 crore
  • Cash and Cash Equivalents: ₹5,076.94 crore
  • Bank Balances: ₹3,825.31 crore
Liabilities
  • Debt Securities: ₹35,986.50 crore
  • Borrowings: ₹86,078.23 crore
  • Subordinated Liabilities: ₹1,241.25 crore
  • Equity Share Capital: ₹2,506.35 crore

Standalone Financial Highlights

  • Q2 FY27 PAT: ₹968.25 crore
  • H1 FY27 PAT: ₹1,863.57 crore
  • Net Worth: ₹29,102.80 crore
  • Debt-Equity Ratio: 4.24

Share Capital Changes

The company allotted 8,46,371 equity shares in Q2 FY27 and 19,66,554 equity shares in H1 FY27 under Employee Stock Option Schemes.

Regulatory Compliance Disclosures

Security Cover for NCDs
  • Outstanding secured NCDs: ₹26,619.10 crore
  • Security cover maintained: 1.06 times
  • Total assets hypothecated: ₹28,278.66 crore
Utilization of Issue Proceeds

No deviation or variation in utilization of issue proceeds of non-convertible securities during the period.

Related Party Transactions

Total value of related party transactions approved for FY27: ₹382.73 crore, with actual transactions of ₹167.40 crore during H1 FY27.

COVID-19 Resolution Framework

Exposure under resolution frameworks:

  • Personal Loans: ₹326.85 crore
  • Corporate Persons: ₹46.17 crore
  • Total: ₹373.02 crore
Co-Lending Arrangements
  • Number of outstanding cases: 1,65,804
  • Gross outstanding: ₹2,188.10 crore
  • Weighted average interest rate: 11.99%

Auditor Reviews

Joint Statutory Auditors T R Chadha & Co LLP and Brahmayya & Co. issued unmodified review reports on both consolidated and standalone financial results.

Future Publication

The company will publish unaudited consolidated financial results in newspapers as required under Regulations 47(1) and 52(8) of SEBI Listing Regulations.

#L&TFinance #SEBIDisclosure #Q2Results #FinancialResults #RegulatoryCompliance #Neutral