Tag Archives: net

Muthoot Finance Q3 net profit jumps 59% to Rs 464 cr

Muthoot Finance today reported 59 per cent jump in its consolidated net profit to Rs 464 crore for the third quarter ended December 31, the highest ever quarterly gains on increased demand for loans. The company had made a net profit of Rs 291 crore during the corresponding quarter of 2016-17. Total income grew by 16 per cent to Rs ... Read More »

L&T Finance net soars 49% as advances surge

L&T Finance Holdings, financial services arm of the engineering major L&T, today reported consolidated net profit growth of 49 per cent at Rs 309 crore for the three months to June driven by higher advances that clipped at 96.4 per cent and better asset quality. This is the fifth consecutive successful quarter for the company after many quarters of headwinds ... Read More »

L&T Finance net soars 49% as advances surge

MUMBAI, JUL 26:   L&T Finance Holdings, financial services arm of the engineering major L&T, today reported consolidated net profit growth of 49 per cent at Rs 309 crore for the three months to June driven by higher advances that clipped at 96.4 per cent and better asset quality. This is the fifth consecutive successful quarter for the company after many ... Read More »

L&T Finance Group net up 15% on retail & wholesale advances

Leading non-banking lender L&T Finance Holdings on Monday reported a 15 per cent rise in consolidated net profit at Rs 237 crore for the March quarter, driven by retail and wholesale advances. Income from operations grew 19.77 per cent to Rs 1,957.96 crore in the fourth quarter ended March 31, while total disbursements jumped 20 per cent to Rs 10,688 ... Read More »

Idea Cellular quarterly net profit beats estimates

Idea Cellular, India’s third largest telecom company, reported a smaller than expected fall in quarterly profit helped by strong voice and data revenue. The company, which has 184 million mobile subscribers, posted a 38.9 percent fall in profit to 5.76 billion rupees ($86.60 million) in the three months to the end of March, hurt by higher financing and spectrum fees ... Read More »