L&T Finance Ltd.

BSE: 533519 | NSE: LTF
Mid Cap | Finance - NBFC
305.15
-0.60 (-0.20%)
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L&T Finance Holdings reports 66% rise in Q3 consolidated net profit

Date: 22-01-2015

L&T Finance Holdings has reported results for third quarter ended December 31, 2014.

The company has registered 50.74% rise in its net profit at Rs 75.64 crore for the quarter under review as compared to Rs 50.18 crore for the same quarter in the previous year. Total income of the company has increased 26.29% at Rs 91.75 crore for Q3FY15 as compared Rs 72.65 crore for the corresponding quarter previous year.

On the consolidated basis, the company’s net profit rose 65.57% to Rs 181.61 crore for the Q3 FY15 as compared to Rs 109.69 crore in Q3 FY14. Moreover, the total income surged 23.20% to Rs 1611.52 crore in the quarter under review as compared to Rs 1308.06 crore in the corresponding quarter previous year.