L&T Finance share price rises 4% after Q1 results 2026. Should you buy, sell or hold?

L&T Finance reported its highest-ever consolidated quarterly profit for Q1 FY27, with net profit rising 28.7% year-on-year to ₹902.47 crore and total revenue up 22.4% to ₹5,212.92 crore. Profit before tax grew 31.1% to ₹943.22 crore, while the consolidated loan book expanded 27% YoY to ₹1,29,634 crore, driven by a 28% rise in retail loans. Asset quality improved with gross stage-3 assets falling to 2.86% from 3.31%, prompting JM Financial to maintain an 'add' rating with a target price of ₹305.