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18/07/2025 21:00

L&T Finance L Q1 net profit up 2.23% at Rs 694.09 cr

The company reported standalone net profit of Rs 694.09 crore for the quarter ended June 30, 2025 as compared to Rs 678.92 crore in the same period last year, registering a year-on-year growth of 2.23 per cent.

Net revenue of the company rose moderately by 12.55 per cent at Rs 4,256.75 crore in April-June quarter of this fiscal as against Rs 3,782.09 crore in the corresponding period last year.

During April-June quarter, operating expenses increased by 10.57 per cent to Rs 1,648.66 crore from Rs 1,491.10 crore in year ago period.

Other Income dipped by 42.86 per cent at Rs 0.32 crore versus (Jun'24 Rs 0.56 crore).

Operating Profit surged by 13.84 per cent to Rs 2,608.09 crore as against Rs 2,290.99 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 1.16 per cent in June quarter.

Interest grew by 21.04 per cent y-o-y to Rs 1,635.73 crore, while Taxation increased by 2.24 per cent at Rs 239.46 crore (Jun'24 Rs 234.22 crore).