India's L&T Finance at record high on quarterly loan growth

L&T Finance

04/07/2025 06:42

** Shares of L&T Finance LTFL.NS rise nearly 3% to hit record high of 209.8 rupees; previous high 209.6 rupees

** Financial services provider reports new loans and total outstanding loans grew nearly 18% each in Q1

** Adds, portfolio retailisation, which makes investment funds more accessible to retail investors, estimated at about 98%, up from 95% a year earlier

** LTFL up 54% YTD

 (Reporting by Rudra Pratap Singh in Bengaluru)

 ((rudrapratap.singh@thomsonreuters.com))