L&T Finance Ltd.
BSE: 533519 | NSE: LTF
Mid Cap | Finance - NBFC
305.15
-0.60 (-0.20%) L&T Finance Holdings - Quaterly Results
Date: 20-10-2023
The sales slipped to Rs. 449.40 millions, down -59.56% for the September 2023 quarter as against Rs. 1111.20 millions during the year-ago period.A radical decline of -90.87% was reported in the net profit of the company for the quarter ended September 2023 to Rs. 297.90 millions from Rs. 3261.80 millions.Operating profit for the quarter ended September 2023 decreased to 399.60 millions as compared to 957.60 millions of corresponding quarter ended September 2022.
(Rs. in Million) |
| Quarter ended | Year to Date | Year ended | |||||||
| 202309 | 202209 | % Var | 202309 | 202209 | % Var | 202303 | 202203 | % Var | |
| Sales | 449.40 | 1111.20 | -59.56 | 960.90 | 1311.70 | -26.74 | 3473.70 | 3358.70 | 3.42 |
| Other Income | 72.50 | 27.30 | 165.57 | 124.80 | 57.90 | 115.54 | 126.60 | 145.90 | -13.23 |
| PBIDT | 399.60 | 957.60 | -58.27 | 866.20 | 1141.60 | -24.12 | 2894.20 | 3282.90 | -11.84 |
| Interest | 0.30 | 21.10 | -98.58 | 0.40 | 42.10 | -99.05 | 60.50 | 734.90 | -91.77 |
| PBDT | 399.30 | 3766.50 | -89.40 | 865.80 | 3929.50 | -77.97 | 31414.60 | 2548.00 | 1132.91 |
| Depreciation | 0.40 | 1.00 | -60.00 | 0.80 | 1.90 | -57.89 | 2.60 | 3.70 | -29.73 |
| PBT | 398.90 | 3765.50 | -89.41 | 865.00 | 3927.60 | -77.98 | 31412.00 | 2544.30 | 1134.60 |
| TAX | 101.00 | 503.70 | -79.95 | 219.50 | 605.50 | -63.75 | 5695.00 | 362.50 | 1471.03 |
| Deferred Tax | -0.10 | 0.00 | 0.00 | -0.20 | 0.00 | 0.00 | -1.10 | -1.50 | -26.67 |
| PAT | 297.90 | 3261.80 | -90.87 | 645.50 | 3322.10 | -80.57 | 25717.00 | 2181.80 | 1078.71 |
| Equity | 24830.70 | 24760.20 | 0.28 | 24830.70 | 24760.20 | 0.28 | 24796.70 | 24740.40 | 0.23 |
| PBIDTM(%) | 88.92 | 86.18 | 3.18 | 90.14 | 87.03 | 3.58 | 83.32 | 97.74 | -14.76 |