L&T Finance Q2 FY26 – Stable Growth with Healthy Profitability

L&T Finance reported steady financial performance in Q2 FY26. Sales increased 8% YoY to ₹4,336 crore, supported by continued traction in retail loan disbursements. Operating profit (EBIDT) grew 9% YoY to ₹2,674 crore, reflecting efficient cost control and improved asset quality. Net profit rose 6% YoY to ₹735 crore, while EPS inched up 5% to ₹2.94, indicating consistent earnings growth. At a stock price of ₹272, with a market cap of ₹67,920 crore and a PE ratio of 25.2, the company maintains stable profitability and a solid balance sheet within the NBFC space.