L&T Finance Holdings consolidated net profit rises 28.25% in the March 2022 quarter

Sales decline 13.71% to Rs 2946.78 crore

Net profit of L&T Finance Holdings rose 28.25% to Rs 342.24 crore in the quarter ended March 2022 as against Rs 266.85 crore during the previous quarter ended March 2021. Sales declined 13.71% to Rs 2946.78 crore in the quarter ended March 2022 as against Rs 3415.16 crore during the previous quarter ended March 2021.

For the full year,net profit rose 10.21% to Rs 1070.11 crore in the year ended March 2022 as against Rs 970.94 crore during the previous year ended March 2021. Sales declined 10.66% to Rs 11929.70 crore in the year ended March 2022 as against Rs 13352.85 crore during the previous year ended March 2021.

ParticularsQuarter EndedYear EndedMar. 2022Mar. 2021% Var.Mar. 2022Mar. 2021% Var.Sales2946.783415.16 -14 11929.7013352.85 -11 OPM %58.3363.76 -56.0459.41 - PBDT498.06740.57 -33 1525.501332.04 15 PBT470.28718.24 -35 1422.861246.38 14 NP342.24266.85 28 1070.11970.94 10

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