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L&T Finance Holdings standalone net profit rises 51.99% in the March 2018 quarter

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Capital Market

Sales rise 67.07% to Rs 400.10 crore

Net profit of L&T Finance Holdings rose 51.99% to Rs 347.83 crore in the quarter ended March 2018 as against Rs 228.85 crore during the previous quarter ended March 2017. Sales rose 67.07% to Rs 400.10 crore in the quarter ended March 2018 as against Rs 239.48 crore during the previous quarter ended March 2017.

For the full year,net profit rose 47.93% to Rs 367.84 crore in the year ended March 2018 as against Rs 248.66 crore during the previous year ended March 2017. Sales rose 62.09% to Rs 449.93 crore in the year ended March 2018 as against Rs 277.58 crore during the previous year ended March 2017.

 
ParticularsQuarter EndedYear EndedMar. 2018Mar. 2017% Var.Mar. 2018Mar. 2017% Var.Sales400.10239.48 67 449.93277.58 62 OPM %98.9898.15 -96.0491.42 - PBDT380.03233.11 63 394.70245.16 61 PBT380.03233.10 63 394.68245.11 61 NP347.83228.85 52 367.84248.66 48

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First Published: May 04 2018 | 5:01 PM IST

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