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L&T Finance Q4 FY25 Results: PAT grows 15% to Rs 636 crore; Rs 2.75 per share record dividend declared

L&T Finance Q4 FY25 Results: PAT grows 15% to Rs 636 crore; Rs 2.75 per share record dividend declared

L&T Finance Q4 FY25 Results: Mumbai-headquartered non-banking financial company (NBFC) L&T Finance on Friday reported a 15 per cent increase in its net profit to RsĀ 636 crore for the January-March period. The company’s revenue grew 9.6 per cent to Rs 4,022.9 crore on a year-on-year basis, according to a regulatory filing.

The company said its reimbursements stood at a “stable” RsĀ 14,899 crore for the March quarter, as against Rs 15,044 crore for the corresponding period a year ago.

L&T Finance Dividend Announcement: NBFC posts record final dividend of Rs 2.75 per shareĀ 

The NBFC’s board recommended a final dividend of Rs 2.75 per equity share for the financial year 2024-25. That marked its highest final dividend.

If approved by shareholders at its annual general meeting, the dividendĀ will be paid within 30 days from that day.

L&T FY25 Earnings: How NBFC performed during the financial year ended March 31Ā 

The company’s net profit for the full year grew 14 per cent to a record Rs 2,644 crore.Ā 

Its retail disbursements rose 11 per cent to Rs 60,040 crore and retail book expanded 19 per cent to Rs 95,180 crore, it noted.

L&T Earnings: What management said

ā€œIn a year marked by considerable headwinds, our performance remained resilient while showcasing our ability to thrive even in a challenging environment. This stability is underpinned by our unwavering commitment to strong asset quality reinforced by a strong focus on collection efficiency across businesses,” said Sudipta Roy, Managing Director and CEO, L&T Finance.Ā 

“We believe the financial year 2024-25 marks a significant step in laying the foundation for sustainable and predictable growth going forward,” added Roy.Ā 

L&T Finance Share Price Today: How the NBFC stock faredĀ 

Earlier on Friday, L&T Finance shares ended 3.6 per cent lower at RsĀ 173.1 apiece on BSE.

Catch keyĀ stock market updatesĀ here. For all other news, visitĀ Zeebiz.com.Ā Ā Ā Ā Ā Ā Ā Ā Ā Ā Ā Ā Ā Ā Ā Ā Ā Ā Ā Ā Ā 

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Doonited Affiliated: Syndicate News Hunt

This report has been published as part of an auto-generated syndicated wire feed. Except for the headline, the content has not been modified or edited by Doonited

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