L&T Finance Holdings has reported results for fourth quarter and year ended March 31, 2021.
The company has reported a fall of 82.68% in its net profit at Rs 58.87 crore for the quarter under review as compared to Rs 339.81 crore for the same quarter in the previous year. Total income of the company decreased by 69.69% at Rs 125.12 crore for Q4FY21 as compared Rs 412.75 crore for the corresponding quarter previous year.
On the consolidated basis, the company has reported a fall of 30.89% in its net profit attributable to owners at Rs 266.85 crore for the quarter under review as compared to Rs 386.15 crore for the same quarter in the previous year. However, total income of the company increased by 4.71% at Rs 3587.18 crore for Q4FY21 as compared Rs 3425.68 crore for the corresponding quarter previous year.
For the year ended March 31, 2021, the company has reported a fall of 56.50% in its net profit at Rs 116.05 crore as compared to Rs 266.81 crore for the previous year. Total income of the company decreased by 63.36% at Rs 191.42 crore for year under review as compared to Rs 522.38 crore for year ended March 31, 2020.
For the year ended March 31, 2021, on the consolidated basis, the company has reported a fall of 42.89% in its net profit attributable to owners at Rs 970.94 crore as compared to Rs 1700.17 crore for the previous year. Total income of the company decreased by 2.74% at Rs 14080.10 crore for year under review as compared to Rs 14476.75 crore for year ended March 31, 2020.
| Company Name | CMP |
|---|---|
| Bajaj Finance | 908.70 |
| Shriram Finance | 1036.50 |
| Aditya Birla Capital | 340.20 |
| Chola Invest & Fin. | 1579.65 |
| Tata Capital | 337.60 |
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