L&T Finance Holdings consolidated net profit declines 29.48% in the March 2020 quarter

Sales rise 1.54% to Rs 3355.24 crore

Net profit of L&T Finance Holdings declined 29.48% to Rs 386.15 crore in the quarter ended March 2020 as against Rs 547.58 crore during the previous quarter ended March 2019. Sales rose 1.54% to Rs 3355.24 crore in the quarter ended March 2020 as against Rs 3304.23 crore during the previous quarter ended March 2019.

For the full year,net profit declined 23.63% to Rs 1700.17 crore in the year ended March 2020 as against Rs 2226.30 crore during the previous year ended March 2019. Sales rose 9.13% to Rs 14175.50 crore in the year ended March 2020 as against Rs 12989.72 crore during the previous year ended March 2019.

 

ParticularsQuarter EndedYear EndedMar. 2020Mar. 2019% Var.Mar. 2020Mar. 2019% Var.Sales3355.243304.23 2 14175.5012989.72 9 OPM %65.8276.15 -69.8674.29 - PBDT477.41763.22 -37 2761.673101.60 -11 PBT455.94749.36 -39 2680.083051.98 -12 NP386.15547.58 -29 1700.172226.30 -24

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