L& T results FINANCE Q4 FY25: The non-banked financial company (NBFC) based in Mumbai (NBFC) L&T Finance on Friday reported a 15 percent increase in its net gain at RS 636 million rupees for the January-March period. Company’s revenues grew 9.6 percent to RS 4,022.9 million rupees in an year -on -year base, according to a regulatory presentation.
The company said its reimbursements remained in a “stable” crore of RS 14,899 for the quarter of March, compared to RS 15,044 million rupees for the corresponding period a year ago.
Finance dividends announcement of L&T: NBFC Publications Final Dividend Registration of RS 2.75 per action
The NBFC Board exceeded a final dividend of RS 2.75 by capital action for financial year 2024-25. That marked its highest final dividend.
If the shareholders approve it at its annual general meeting, the dividend will be paid within 30 days from that day.
L&T FY25 Gains: how NBFC made the financial year ended on March 31
The company’s net profit throughout the year grew by 14 percent to a record of RS 2,644 million rupees.
Its retail disbursements increased 11 percent to RS 60,040 million rupees and the retail book expanded 19 percent to RS 95,180 million rupees, he said.
L&T gains: what the management said
“In a year marked by winds against considerable, our performance remained resistant while showing our ability to prosper even in a challenging environment. This stability is backed by our unwavering companies of reinforced commitments with Binforceds,” said Sudipta Roy, managing director and CEO, L&T Finance.
“We believe that the financial year 2024-25 marks a significant step to establish the basis for sustainable and predictable growth in the future,” Roy added.
L & t Finance shares price today: how went to NBFC shares
Earlier on Friday, L&T Finance shares ended 3.6 percent lower in 173.1 rs each in BSE.
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