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L&T Finance Holdings consolidated net profit rises 33.35% in the March 2017 quarter

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Capital Market

Sales rise 10.45% to Rs 2162.56 crore

Net profit of L&T Finance Holdings rose 33.35% to Rs 315.83 crore in the quarter ended March 2017 as against Rs 236.85 crore during the previous quarter ended March 2016. Sales rose 10.45% to Rs 2162.56 crore in the quarter ended March 2017 as against Rs 1957.97 crore during the previous quarter ended March 2016.

For the full year,net profit rose 21.65% to Rs 1042.18 crore in the year ended March 2017 as against Rs 856.69 crore during the previous year ended March 2016. Sales rose 14.43% to Rs 8340.59 crore in the year ended March 2017 as against Rs 7288.79 crore during the previous year ended March 2016.

 
ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales2162.561957.97 10 8340.597288.79 14 OPM %54.6973.03 -66.4472.41 - PBDT100.29355.32 -72 1146.201335.47 -14 PBT85.34334.26 -74 1078.901252.66 -14 NP315.83236.85 33 1042.18856.69 22

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First Published: May 05 2017 | 12:18 PM IST

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