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L&T Finance Q2: Net Profit Jumps Nearly 33% To Rs 975 Crore, Total Income Also Up 27%

L&T Finance moved higher in a quarterly results development for Q2 FY27.

· NDTV Profit, ET Stocks, Economic Times Markets

L&T Finance reported a 32.7% year-on-year rise in consolidated net profit to Rs 975 crore in Q2 FY27, while total income increased 27% to Rs 5,484 crore.

Period
Q2 FY27

L&T Finance reported Rs 975 Crore and Rs 5,484 crore for Q2 FY27, with movement of 33%, 27% and 32.7% attached to those lines. Those are the figures as filed — what moves the price is how they sit against what the market already expected, not their absolute size.

Against that, the stock is -2.6% on the day at ₹244.40, and has returned -20.2% over three months. It sits 27% below its 52-week high, which means a good deal of bad news was already in the price. The financial services sector has moved -14.9% over the same period, so L&T Finance is running 5.3 points behind its peers.

For L&T Finance, the question is how much of this is already reflected in the price and how much re-rates the financial services peer set alongside it.

  • Earnings versus expectations is what actually re-rates a stock; the surprise matters more than the absolute number.
  • In focus: L&T Finance (LTF), in Financial Services.
  • Over three months: L&T Finance -20.2% against Financial Services -14.9% (5.3 points behind).
  • At least 25% below the 52-week high: L&T Finance (27%).
Figures for the companies in this story
CompanyPriceDay1M3MFrom 52-wk highVolume vs 20-dayMarket cap
L&T FinanceLTF · Financial Services₹244.40-2.6%-7.8%-20.2%-27.2%0.7×—

Financial Services

1M -8.8% · 3M -14.9%

L&T Finance

Prices as of 30 Oct 2026, 16:10 IST. Sector moves are the average of the stocks we track in each sector.

LTFFinancial Services