L&T Finance Holdings standalone net profit rises 323.12% in the March 2022 quarter

Sales rise 126.57% to Rs 267.65 crore

Net profit of L&T Finance Holdings rose 323.12% to Rs 249.09 crore in the quarter ended March 2022 as against Rs 58.87 crore during the previous quarter ended March 2021. Sales rose 126.57% to Rs 267.65 crore in the quarter ended March 2022 as against Rs 118.13 crore during the previous quarter ended March 2021.

For the full year,net profit rose 88.01% to Rs 218.18 crore in the year ended March 2022 as against Rs 116.05 crore during the previous year ended March 2021. Sales rose 96.12% to Rs 335.87 crore in the year ended March 2022 as against Rs 171.26 crore during the previous year ended March 2021.

ParticularsQuarter EndedYear EndedMar. 2022Mar. 2021% Var.Mar. 2022Mar. 2021% Var.Sales267.65118.13 127 335.87171.26 96 OPM %98.2693.29 -93.4080.28 - PBDT264.3879.23 234 254.80-35.31 LP PBT264.2979.08 234 254.43-35.89 LP NP249.0958.87 323 218.18116.05 88

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