L&T Finance Ltd.

L&T Finance Holdings has reported results for third quarter ended December 31, 2018.

The company has reported a net loss of Rs 4.24 crore for the quarter under review as compared to a net loss of Rs 19.90 crore for the same quarter in the previous year. However, total income of the company jump over 2-fold at Rs 62.55 crore for Q3FY19 as compared Rs 25.72 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported a rise of 80.78% in its net profit at Rs 579.93 crore for the quarter under review as compared to Rs 320.80 crore for the same quarter in the previous year. Total income of the company increased by 35.53% at Rs 3516.38 crore for Q3FY19 as compared Rs 2594.62 crore for the corresponding quarter previous year.