L&T Finance’s Q4: Profits Climb, Revenues Shine, and Retail Ambitions Get a Golden Touch

L&T Finance Holdings has announced solid performance in  consolidated net profit of ₹636 crore, an increase of 15% from ₹554 crore in the same quarter a year ago. The consolidated revenue from operations was also healthy, up 10% at ₹4,023 crore, from ₹3,670 crore in Q4FY24.

 

Interest income for the quarter increased by ₹3,750 crore—it reflects sustained momentum in the lender’s retail-focused business. Retail disbursements were ₹14,899 crore during the quarter, slightly lower than the previous quarter, but continue to represent strong demand for lending in the company’s core segments.

 

The board has recommended paying a final dividend of ₹2.75 per share to its shareholders for FY25, contingent upon approval by the shareholders. Moreover, L&T Finance announced that it intends to enter the gold loan segment through the acquisition of Paul Merchants Finance’s gold loan business in order to increase its growth of secured, high-yielding assets.

 

Despite good earnings, L&T Finance share prices fell 4% on the BSE due to investors exercising caution in the broader market. The company remains committed to expanding its retail franchise and becoming more profitable in future quarters.

 

Source: Moneycontrol