L&T Finance Ltd.

A decrease of about -52.85% in the sales to Rs. 1262.10 millions was observed for the quarter ended March 2023. The sales stood at Rs. 2676.50 millions during the similar quarter previous year.The Net Profit of the company slipped to Rs. 1032.00 millions from Rs. 2490.90 millions, a decline of -58.57% on QoQ basis.The Operating Profit of the company witnessed a decrease to 1118.30 millions from 2660.20 millions.

(Rs. in Million)

	Quarter ended			Year to Date			Year ended
	202303	202203	% Var	202303	202203	% Var	202303	202203	% Var
Sales	1262.10	2676.50	-52.85	3473.70	3358.70	3.42	3473.70	3358.70	3.42
Other Income	41.30	30.20	36.75	126.60	145.90	-13.23	126.60	145.90	-13.23
PBIDT	1118.30	2660.20	-57.96	2894.20	3282.90	-11.84	2894.20	3282.90	-11.84
Interest	0.00	16.40	-100.00	60.50	734.90	-91.77	60.50	734.90	-91.77
PBDT	1118.30	2643.80	-57.70	31414.60	2548.00	1132.91	31414.60	2548.00	1132.91
Depreciation	0.30	0.90	-66.67	2.60	3.70	-29.73	2.60	3.70	-29.73
PBT	1118.00	2642.90	-57.70	31412.00	2544.30	1134.60	31412.00	2544.30	1134.60
TAX	86.00	152.00	-43.42	5695.00	362.50	1471.03	5695.00	362.50	1471.03
Deferred Tax	-1.10	-1.50	-26.67	-1.10	-1.50	-26.67	-1.10	-1.50	-26.67
PAT	1032.00	2490.90	-58.57	25717.00	2181.80	1078.71	25717.00	2181.80	1078.71
Equity	24796.70	24740.40	0.23	24796.70	24740.40	0.23	24796.70	24740.40	0.23
PBIDTM(%)	88.61	99.39	-10.85	83.32	97.74	-14.76	83.32	97.74	-14.76