L&T Finance Holdings consolidated net profit declines 50.82% in the December 2020 quarter

Sales decline 3.50% to Rs 3503.43 crore

Net profit of L&T Finance Holdings declined 50.82% to Rs 290.66 crore in the quarter ended December 2020 as against Rs 591.03 crore during the previous quarter ended December 2019. Sales declined 3.50% to Rs 3503.43 crore in the quarter ended December 2020 as against Rs 3630.64 crore during the previous quarter ended December 2019. ParticularsQuarter EndedDec. 2020Dec. 2019% Var.Sales3503.433630.64 -4 OPM %56.3769.91 -PBDT369.68753.68 -51 PBT348.67725.22 -52 NP290.66591.03 -51

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