Mon, Apr 29, 2024
The firm's profit after tax (PAT) was up by 10.5 per cent to Rs 553.9 crore in the fourth quarter in comparison to Rs 501.1 crore in the same quarter last year. It was below analyst estimates of Rs 670 crore. Its gross non-performing assets (GNPA) for Q4 were 2.84 per cent, down from 2.95 per cent in the previous quarter. It was below Zee Business research estimates of 2.9 per cent. Its net non-performing assets (NNPA) were 0.62 per cent in the quarter under review compared to 0.64 per cent quarter-on-quarter (QoQ), below estimates of 0.64 per cent.
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Wed, Jan 03, 2024
At around 10:24 a.m., shares of L&T Finance Holdings traded 3.05 per cent or Rs 4.95, higher at Rs 167.15 apiece. The market capitalisation of the company stood at Rs 41,579.87 crore.
Tue, Sep 12, 2023
Larsen & Toubro (L&T) revised its share buyback price to ₹3,200 from ₹3,000, in a move to sweeten the offer for public shareholders. The company also decreased the maximum number of shares planned to be bought back from 3.33 crore to 3.12 crore. The buyback is part of L&T's Lakshya '26 strategic plan, which aims to improve the company's return on equity (ROE) and maximise shareholder value.
Wed, Jul 19, 2023
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.
Mon, Jul 03, 2023
What is the big news for GHCL? To whom did the shareholders give a blow? Stiffness between shareholders and promoters
Tue, Jun 06, 2023
L&T Finance share price: At the time of filing this report, L&T Finance Holdings’ stock was up 1.43 per cent at Rs 106.5 per share on the BSE.
Wed, Mar 08, 2023
Why is Morgan Stanley bullish on L&T stock? What does Morgan Stanley have to say on L&T? Know full details from Nupur.
Thu, Jul 21, 2022
Tractors and two-wheelers saw good growth in Q1. Growth in retail book expected ahead: Dinanath Dubhashi, MD & CEO, L&T Finance Holdings. Watch the conversation with the management of L&T Finance Holdings.
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