L&T Finance Ltd.
-0.60 (-0.20%) L&T Finance Holdings reports 16% fall in Q2 consolidated net profit
Date: 21-10-2021L&T Finance Holdings has reported results for second quarter ended September 30, 2021.
The company has reported net loss at Rs 19.03 crore for the quarter under review as compared to net loss of Rs 41.10 crore for the same quarter in the previous year. However, total income of the company increased by 29.65% at Rs 26.72 crore for Q2FY22 as compared Rs 20.61 crore for the corresponding quarter previous year.
On the consolidated basis, the company has reported 15.50% fall in its net profit attributable to owners of the company at Rs 224.03 crore for the quarter under review as against net profit of Rs 265.12 crore for the same quarter in the previous year. Total income of the company decreased by 10.67% at Rs 3134.46 crore for Q2FY22 as compared Rs 3508.91 crore for the corresponding quarter previous year.