L&T Finance announced a 27 percent increase in its profit after tax for the March quarter, reaching Rs 807 crore. The company attributed the growth to a sharp rise in interest income and strong retail loan disbursements. Its core net interest income also showed an upward trend.
L&T Finance reported robust financial results for the quarter ended March. Profit after tax climbed to Rs 807 crore, up 27 percent from the previous year. This performance came amid higher interest income and increased retail loan activity, as stated by the company in its announcement reported by The Economic Times. The firm's core net interest income continued its positive trajectory, supporting the overall earnings growth. Retail disbursements played a key role, reflecting sustained demand in this segment. Keywords from the release highlighted strengths in the retail book and microfinance business, alongside improvements in credit costs.