L&T Finance Ltd.

L&T Finance Holdings has reported results for first quarter ended June 30, 2012.

The company has reported a net profit of Rs 5.00 crore for the quarter under review as compared to a net loss of Rs 10.07 crore for the same quarter in the previous year. The total income of the company for Q1FY13 has stood at Rs 10.07 crore.

On the consolidated basis, the group’s net profit increased by 25.34% to Rs 120.68 crore for the Q1 FY13 as compared to Rs 96.28 crore in Q1 FY12. The total income surged 43.55% to Rs 914.04 crore in the quarter under review as compared to Rs 636.75 crore in the corresponding quarter previous year.