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Sequentially, net profit increases by 12.01%. In the April through June period of the current fiscal year, L&T Finance Holdings' combined net profit was Rs 530.93 crore.

The project, which is situated in Achegaon, Maharashtra, would produce about 27.5 million units (MUs) of renewable energy every year.

Net Interest Income was Rs 18,307,9 crore, up 24% from Rs 14,786.8 crore in the same quarter last year.

Strong loan growth, margins could be under pressure.

The Bandhan Nifty Alpha 50 Index Fund is a factor fund that is pegged to an index with quarterly portfolio churn.

Net interest income (NII) climbed to Rs 6,297 crore from Rs 5,099 crore reported in the same quarter of the previous fiscal, a 23.49% increase.

Combined with the larger acquisitions announced in the preceding quarters, they would add 23%, 22% and 10% to the revenue, Ebitda and EPS respectively.