L&T Finance Ltd.

L&T Finance Holdings has reported results for second quarter ended September 30, 2018.

The company has reported net profit of Rs 33.69 crore for the quarter under review as against net loss of Rs 16.69 crore for the same quarter in the previous year. Total income of the company reports over 4-fold jump at Rs 100.02 crore for Q2FY19 as compared Rs 23.78 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported a rise of 66.03% in its net profit at Rs 560.41 crore for the quarter under review as compared to Rs 337.53 crore for the same quarter in the previous year. Total consolidated income of the company increased by 27.45% at Rs 3,326.04 crore for Q2FY19 as compared Rs 2,609.65 crore for the corresponding quarter previous year.