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Business Economy


L&T Finance's consolidated Q1 PAT up by 29 per cent

L&T Finance's consolidated Q1 PAT up by 29 per cent

Pune, Jul 18 (UNI) L&T Finance Ltd (LTF), one of the leading non-banking financial companies (NBFCs) in India, on Thursday recorded an all-time high consolidated profit-after-tax (PAT) of Rs 686 crore for the first quarter ended June 30, up by 29 per cent over a net profit of Rs 531 crore during the corresponding quarter of the previous fiscal year.

The company has recorded quarterly retail disbursement of Rs 14,839 crore for the first quarter ended June 30, 2024, up 33 per cent year-on-year (YoY).

The retail book size reached Rs 84,444 crore during the quarter, implying a growth of 31 per cent YoY, said a press release here.

UNI SP SS

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