{
  "id": 14896389,
  "title": "Earnings call transcript: L&T Finance posts record Q2 FY27 profit as shares slip",
  "url": "https://urgent.news/2026/10/16/earnings-call-transcript-l-t-finance-posts-record-q2-fy27-profit-as",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-16T07:23:29.000Z",
  "source": {
    "name": "Investing.com",
    "slug": "investing-com",
    "url": "https://www.investing.com/news/transcripts/earnings-call-transcript-lt-finance-posts-record-q2-fy27-profit-as-shares-slip-93CH-4953273"
  },
  "original_language": "en",
  "account": "L&T Finance announced record Q2 FY27 profit and improved financial metrics in its earnings call transcript. The company reported a consolidated profit after tax (PAT) of INR 975 crores, a 33% increase from the previous year. Return on assets rose to 2.60%, while return on equity increased to 13.56%. Credit cost eased to 2.46%, with net interest margin plus fees remaining steady at 10.48%. Management expressed confidence in meeting medium-term targets, such as return on assets between 2.8% and 3% by Q4 FY27, and long-term ROA goals of 3% to 3.2% by FY31. The company's retail book grew 29% year-on-year to INR 1,34,600 crores, while consolidated book increased 28% to INR 1,36,635 crores. Retail disbursements rose 27% year-on-year to INR 24,027 crores, supported by a larger customer base of 3 crore people and a wider branch network. L&T Finance attributed its strong performance to technology-led underwriting, disciplined collections, and a diversified product mix. Despite the record profit and improved metrics, the stock price fell 2.5% to $255.45 from the previous close of $262, reflecting market caution due to potential concerns about borrowing costs, monsoon-related risks, and growth in certain segments.",
  "summary": null,
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "Investing.com",
        "title": "Earnings call transcript: Alcoa tops Q3 2026 EPS forecast as revenue misses",
        "url": "https://urgent.news/2026/10/15/earnings-call-transcript-alcoa-tops-q3-2026-eps-forecast-as-revenue",
        "published": "2026-10-15T21:56:54.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}