 "Q2 company results")
L&T Finance Holdings on Friday reported 69 per cent fall in net profit to Rs 174 crore in the second quarter ended September 30, following one time adjustment due to the deferred tax assets (DTA) after cut in corporate tax. The company had registered a net profit of Rs 559.12 crore during the corresponding period a year ago.
Total income during the second quarter of 2019-20 increased to Rs 3,711.85 crore as against Rs 3,302.35 crore in the year-ago period. The consolidated pre-DTA PAT was Rs 647 crore for the quarter, up 15 per cent from Rs 560 crore in the
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