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L&T Finance reports over 4 fold rise in FY13 net profit

25 Apr 2013 Evaluate

L&T Finance Holdings has reported results for the year ended March 31, 2013.

The Company has reported over 4 fold rise in net profit for the year ended March 31, 2013 at Rs 311.33 crore as compared to Rs 71.25 crore for the year ended March 31, 2012. Company’s total Income has increased by 55.05% at Rs 200.67 crore for the year as compared to Rs 129.42 crore for the previous year.

On consolidated basis, the Group’s net profit grew by 60.61% at  Rs 730.47 crore for the year ended March 31, 2013 as compared to Rs 454.79 crore for the year ended March 31, 2012. Total Income has increased by 33.22% to Rs 4006.46 crore for the year ended March 31, 2013 from Rs 3007.30 crore for the year ended March 31, 2012.

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287.35 7.05 (2.52%)
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