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L&T Finance Holdings Q1 net up 47% to Rs 262 cr on better interest margins

Firm expects NIM plus fees to stay above 8% in FY23

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L&T Finance Holdings | Q1 results | larsen and tourbo

Abhijit Lele  |  Mumbai 



HSBC AMC acquires L&T Finance's mutual fund unit for Rs 3,200 cr
The asset quality profile improved with gross non-performing assets (GNPAs) declining from 6.67 per cent in June 2021 to 4.08 per cent in June 2022.

L&T Finance Holdings Ltd’s consolidated net profit rose by 47 per cent year on year to Rs 262 crore in the first quarter ended June 2022 (Q1FY23) on improved interest margins and fees.

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First Published: Tue, July 19 2022. 20:36 IST

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