L&T Finance Holdings net profit up 26% at Rs 121 crore for the quarter ended in June, Latest Stock Price
Non-banking finance company L&T Finance Holdings on Thursday reported nearly 26% year-on-year growth for its first quarter consolidated net profit at Rs 121 crore, aided by a robust 37% loan book expansion to Rs 26,200 crore.
The company disbursed a little more than Rs 3,400 crore loans in the three-month period as against around Rs 3,200 crore. However, the NBFC did not disclose its consolidated net interest income or net interest margin.
Consolidated income from operations rose by 44% to Rs 906 crore in the first quarter of FY13 from Rs 629.5 crore in a year ago period.
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