The non-banking financial company s total income during the quarter under review declined to Rs 3,622.16 crore from Rs 3,735.79 crore in the year-ago quarter.
L&T Finance Holdings Q3 profit halves to Rs 291 crore
L&T Finance Holdings Q3 results: The consolidated revenue from operations declined to Rs 3,503.43 crore compared to Rs 3,630.64 crore in Q3 FY20
Chitranjan Kumar | January 15, 2021 | Updated 21:53 IST
L&T Finance Holdings reported net profit of Rs 291 crore in December quarter
L&T Finance Holdings Ltd. (LTFH), a part of Larsen & Toubro Group, on Friday reported a 51 per cent decline in consolidated net profit at Rs 291 crore for the third quarter ended December 31, 2020, as compared to Rs 591 crore in the corresponding period last year. On the quarter-on-quarter basis, the profit rose by 10 per cent from Rs 265 crore in September quarter of 2020.