L&T Finance Holding - Q1FY13 result first cut - Microsec Research

L&T Finance Holding Ltd has announced its Q1FY13 result on 19th July 2012. The company's top line increased by 6.82% QoQ and 43.97% YoY to INR906.32 crores. Whereas, the bottom line decreased by 14.21% QoQ and increased by 25.35% YoY to INR120.67 crores.

During the quarter, the company's Loans and Advances grew by 37.06% to INR26184 crores as compared to INR19103 Crores as on 30th June 2011 and by 2.07% as compared to INR25670 crores as on 31st March 2012. On the assets quality front, the company has improved its assets quality, the Gross NPA and Net NPA stood at 1.63% and 1.17%, decreased by 63 and 30bps YoY respectively.

Source : Equity Bulls

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