Company Update : L&T Finance by Motilal Oswal Financial Services Ltd
Strong retail loan growth of ~28% YoY; healthy disbursements
* 1QFY27 retail disbursements grew ~36% YoY and declined ~1% QoQ to INR238b (PQ: INR241b).
* Rural business disbursements grew 24% YoY. Farmer finance disbursements grew 11% YoY, urban finance disbursements grew 57% YoY, and SME disbursements grew ~23% YoY. Gold loan disbursements stood at INR19b (PQ: 28b) in 1QFY27.
* Retail loan book grew 28% YoY and 6.6% QoQ to INR1.27t.
* Retail loan mix was stable QoQ at ~98%.
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Company Update : CreditAccess Grameen by Motilal Oswal Financial Services Ltd
