L&T Finance Q1 profit rises 29% to record high on strong retail book growth
L&T Finance Ltd reported its highest-ever quarterly consolidated profit for the June quarter, with net profit rising 28.7% year-on-year to ₹902 crore, driven by strong retail loan growth, healthy disbursements and improving asset quality. Total revenue increased 25% to ₹4,894.9 crore, while net interest income (NII) climbed 28.4% to ₹2,924.8 crore. The company also reported…
