L&T Finance’s Q3 FY25 net profit declined 2% YoY to Rs 6.3 billion (~6% beat). Pre-provision operating profit grew ~11% YoY to ~Rs 14.8 billion (in line)..NDTV Profit’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer NDTV Profit’s subscribers an opportunity to expand their understanding of companies, sectors and the economy. .Motilal Oswal Report.L&T Finance Ltd. has invested in process automation, security, and customer journeys. This, along with large partnerships in products like personal loan, should lead to stronger and more sustainable retail loan growth. While there are signs of stress in non-MFI retail segments like two-wheeler, tractors and PL, we expect the stress to subside and be provided for over the next two quarters. Stress in the microfinance sector is a near-term headwind, which the company will navigate and come out stronger. We estimate a PAT CAGR of 24% over FY24-27, with consolidated RoA/RoE of 2.8%/~15% in FY27. Reiterate our Buy rating on the stock with a target price of Rs 180 (based on 1.5 times Sep’26E book value per share)..Click on the attachment to read the full report:.ICICI Prudential Q3 Results Review — Miss Across Key Parameters; Motilal Oswal Reiterates 'Buy' On The Stock.DISCLAIMERThis report is authored by an external party. NDTV Profit does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of NDTV Profit..Users have no license to copy, modify, or distribute the content without permission of the Original Owner.