L&T Finance Holdings standalone net profit rises 49.52% in the March 2020 quarter

Sales rise 32.11% to Rs 400.49 crore

Net profit of L&T Finance Holdings rose 49.52% to Rs 339.81 crore in the quarter ended March 2020 as against Rs 227.26 crore during the previous quarter ended March 2019. Sales rose 32.11% to Rs 400.49 crore in the quarter ended March 2020 as against Rs 303.14 crore during the previous quarter ended March 2019.

For the full year,net profit declined 0.09% to Rs 266.81 crore in the year ended March 2020 as against Rs 267.06 crore during the previous year ended March 2019. Sales declined 1.38% to Rs 475.44 crore in the year ended March 2020 as against Rs 482.11 crore during the previous year ended March 2019.

ParticularsQuarter EndedYear EndedMar. 2020Mar. 2019% Var.Mar. 2020Mar. 2019% Var.Sales400.49303.14 32 475.44482.11 -1 OPM %97.6098.99 -92.1395.79 - PBDT341.81260.33 31 284.22304.14 -7 PBT341.69260.27 31 283.74304.03 -7 NP339.81227.26 50 266.81267.06 0

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