L&T Finance Ltd.

L&T Finance Holdings has reported results for the fourth quarter and year ended March 31, 2018.

L&T Finance Holdings has reported a rise of 51.99% in its net profit at Rs 347.83 crore for the quarter ended March 31, 2018 as compared to Rs 228.85 crore for the same quarter in the previous year. The total income of the company has increased by 61.71% at Rs 402.22 crore for quarter under review as compared to Rs 248.73 crore for the quarter ended March 31, 2017.

On consolidated basis, the company has reported a rise of 28.55% in its net profit after minority interest and share of profit of associate at Rs 405.99 crore for the quarter ended March 31, 2018 as compared to Rs 315.83 crore for the corresponding quarter in the FY17. Total income of the company increased by 31.29 % at Rs 2938.44 crore for quarter under review as compared to Rs 2238.09 crore for the same quarter ended previous year.

For the year ended March 31, 2018, the company has posted a rise of 47.93% in its net profit at Rs 367.84 crore as compared to Rs 248.66 crore for the same period in the previous year. Total income of the company increased by 51.92% at Rs 478.37 crore for year under review as compared to Rs 314.89 crore for the period ended March 31, 2017.

For the year ended March 31, 2018, on the consolidated basis, the company has posted a rise of 40.04% in its net profit after minority interest and share of profit of associate at Rs 1459.48 crore as compared to Rs 1042.18 crore for the same period in the previous year. Total income of the company has increased by 22.49% at Rs 10,499.94 crore for year under review as compared to Rs 8572.31 crore for the period ended March 31, 2017.