L&T Finance reported an increase of 15 percent year -on -year (interannual) in the fourth quarter (Q4Fy25) net profits consolidated at RS 636 million rupees backed by a marginal increase in the entrance of net interest (NII) and a decent growth in the tariff and another.
The non -banking financial company had reported a net gain of ₹ 554 million rupees in the period of a year ago. The company’s board recommended a final dividend of ₹ 2.75 per capital action (nominal value of ₹ 10 per share) for fiscal year 2015
Despite a strong increase in credit cost, one of the reasons for profitability in the quarter of reports is because it did not have to make an additional prudential provision in the security receipts at the Crore portfolio level made in the quarter of the year ago).
Nii increased a bit to ₹ 1,936 million rupees (₹ 1,909 million rupees in the quarter of a year ago). The rate and other income increased 8 percent year -on -year to ₹ 477 million rupees (₹ 441 million rupees).
Operating expenses increased 2 percent year -on -year to ₹ 1.004 million rupees (₹ 980 million rupees). The cost of credit was fired 81 percent year -on -year to ₹ 903 million rupees (₹ 500 million rupees).
The net margin decreased to 8.15 percent of 9.14 percent in the fourth quarter of 24. Profit before taxes decreased 7 percent year -on -year to ₹ 806 million rupees (₹ 870 million rupees).
The consolidated loan book grew by 14 percent year -on -year to ₹ 97,762 million rupees. Within this, the book of retail loans, which include mortgage loans, loans against properties, farmers’ finance, among others, grew around 19 percent to ₹ 95,180 million rupees.
Posted on April 26, 2025