L&T Finance standalone net profit rises 78.50% in the March 2022 quarter

30 Apr 2022 , 04:59 PM

Net profit of L&T Finance rose 78.50% to Rs 311.45 crore in the quarter ended March 2022 as against Rs 174.48 crore during the previous quarter ended March 2021. Sales declined 9.70% to Rs 2788.67 crore in the quarter ended March 2022 as against Rs 3088.14 crore during the previous quarter ended March 2021.

For the full year,net profit rose 59310.29% to Rs 807.98 crore in the year ended March 2022 as against Rs 1.36 crore during the previous year ended March 2021. Sales declined 10.46% to Rs 11057.58 crore in the year ended March 2022 as against Rs 12349.31 crore during the previous year ended March 2021.

Particulars	Quarter Ended	Year Ended
?	Mar. 2022	Mar. 2021	% Var.	Mar. 2022	Mar. 2021	% Var.
Sales	2788.67	3088.14	-10	11057.58	12349.31	-10
OPM %	56.23	64.09	–	53.04	57.27	–
PBDT	441.43	717.33	-38	1187.60	1058.72	12
PBT	415.40	533.83	-22	1091.87	332.24	229
NP	311.45	174.48	79	807.98	1.36	59310

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