Motilal Oswal Recommends Buy on L&T Finance, Sets Rs 330 Target
Motilal Oswal’s report says L&T Finance’s 2QFY27 PAT rose 32% year over year to INR9.7b, in line with expectations. NII increased about 33% to INR31.9b, also in line.
Motilal Oswal's research report on L&T FinanceL&T Finance’s (LTF) 2QFY27 PAT grew 32% YoY to INR9.7b (in line). NII grew ~33% YoY to INR31.9b (in line). Opex grew ~28% YoY to ~INR13.7b (in line). Cost-income ratio increased ~20bp QoQ to ~38.9% (PQ: ~38.7%).
PPoP grew ~31% YoY to ~INR21.5b (in line…