L & T Finance standalone net profit rises 78.50% in the March 2022 quarter

Sales decline 9.70% to Rs 2788.67 crore

Net profit of L & T Finance rose 78.50% to Rs 311.45 crore in the quarter ended March 2022 as against Rs 174.48 crore during the previous quarter ended March 2021. Sales declined 9.70% to Rs 2788.67 crore in the quarter ended March 2022 as against Rs 3088.14 crore during the previous quarter ended March 2021.

For the full year,net profit rose 59310.29% to Rs 807.98 crore in the year ended March 2022 as against Rs 1.36 crore during the previous year ended March 2021. Sales declined 10.46% to Rs 11057.58 crore in the year ended March 2022 as against Rs 12349.31 crore during the previous year ended March 2021.

ParticularsQuarter EndedYear EndedMar. 2022Mar. 2021% Var.Mar. 2022Mar. 2021% Var.Sales2788.673088.14 -10 11057.5812349.31 -10 OPM %56.2364.09 -53.0457.27 - PBDT441.43717.33 -38 1187.601058.72 12 PBT415.40533.83 -22 1091.87332.24 229 NP311.45174.48 79 807.981.36 59310

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