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

Larsen & Toubro moved higher in a quarterly results development for Q2 FY27.

· NDTV Profit

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

Larsen & Toubro 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 -0.3% on the day at ₹3,632.00, and has returned -4.0% over three months. It sits 18% below its 52-week high. The infrastructure sector has moved -13.4% over the same period, so Larsen & Toubro is running 9.4 points ahead of its peers.

For Larsen & Toubro, the question is how much of this is already reflected in the price and how much re-rates the infrastructure peer set alongside it.

  • Earnings versus expectations is what actually re-rates a stock; the surprise matters more than the absolute number.
  • The company directly in focus is LT.
  • Sector exposure: Infrastructure, Financial Services.
  • The immediate tone of coverage reads positive.
LTLTFInfrastructureFinancial Services