L&T Finance Q1 Result: Net income rises over two-fold to Rs 531 crore
L&T Finance Q1 Result: L&T Finance on Wednesday said its net income more than doubled to Rs 531 crore in the April-June quarter, driven by robust loan sales along with higher margins. The company had reported a net profit of Rs 262 crore in the year-ago quarter.
In a statement, the L&T Group company said its retail portfolio jumped to 82 per cent of the total loan book, up from 54 per cent in Q1FY23 and 75 per cent in Q4FY23. Pic: Official Twitter Handle