L&T Finance Holdings (L&TFH) has reported 25% increase in its consolidated net profit at Rs.1210mn for the quarter ended June 30, 2012, as against Rs 960mn in the year-ago period.
A break up of L&TFH’s net profit shows that L&T Infra contributed Rs 740mn (Rs 630mn in the year-ago period) to its bottom line; L&T Finance: Rs 460mn (Rs 440mn); L&T Fincorp: Rs 70mn (Rs 40mn); and L&T Investment Management: loss of Rs 60mn (loss of Rs 4mn).
The company is registered with the Reserve Bank of India as a non-deposit taking,systemically important non-banking finance company, reports added.