L&T Finance reports 11% rise in Q4 consolidated net profit

29 Apr 2024 Evaluate

L&T Finance has reported results for fourth quarter (Q4) and year ended March 31, 2024.

The company has reported 5.49% fall in its net profit at Rs 544.88 crore for the quarter under review as compared to Rs 576.56 crore for the same quarter in the previous year. However, total income of the company increased by 4.24% at Rs 3,675.69 crore for Q4FY24 as compared Rs 3,526.18 crore for the corresponding quarter previous year.

On consolidated basis, the company has reported 10.54% rise in its net profit at Rs 553.88 crore for fourth quarter ended March 31, 2024 as compared to Rs 501.08 crore for the same quarter in the previous year. Total income of the company increased by 6.76% at Rs 3,677.32 crore for Q4FY24 as compared Rs 3,444.43 crore for the corresponding quarter previous year. 

For the year ended March 31, 2024, the company has reported 19.08% rise in its net profit at Rs 2,286.23 crore as compared to Rs 1,919.87 crore for the previous year. Total income of the company increased by 4.61% at Rs 14,043.80 crore for year under review as compared to Rs 13,425.45 crore for year ended March 31, 2023.

For the year ended March 31, 2024, on the consolidated basis, the company has reported 42.93% rise in its net profit at Rs 2,320.10 crore as compared to Rs 1,623.25 crore for the previous year. Total income of the company increased by 5.66% at Rs 14,055.12 crore for year under review as compared to Rs 13,301.70 crore for year ended March 31, 2023.


L&T Finance Share Price

137.45 1.25 (0.92%)
23-Dec-2024 09:44 View Price Chart
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