• Indian Indices
  • Global Indices
  • Commodities
  • Currency
Sensex
  • Sensex
  • Nifty
{{x.close_price| number:2}} {{x.netchg| number:2}} ({{x.perchg | number:2}}%)
Open - {{x.open | number:2}}
Prev Close - {{x.prevclose|number:2}}
Today's High - {{x.high|number:2}}
Today's Low - {{x.low|number:2}}
Advances/Declines (30 Companies)
  • 1D
  • 1W
  • 1M
  • 1Yr
  • 5Yr
{{x.upd_time}}
FTSE 100
  • FTSE 100
  • DJIA
  • NIKKEI 225
  • HANG SENG
{{x.Date}}
{{x.close| number:2}} {{x.Chg | number:2}} ({{x.PChg | number:2}}%)
Open - {{x.close | number:2}}
Prev Close - {{x.PrevClose|number:2}}
Gold
  • Gold
  • Silver
  • Crude Oil
  • Copper
{{x.Trd_Date}} ( {{x.Time}} )
{{x.ClosePrice| number:2}} {{x.change| number:2}} ({{x.perchange | number:2}}%)
Exchange - MCX
Open - {{x.Open|number:2}}
Exp Date - {{x.Exp_Date}}
Today's High - {{x.High|number:2}}
Prev. Close - {{x.PrevClose|number:2}}
Today's Low - {{x.Low|number:2}}
USDINR
  • USDINR
  • GBPINR
  • EURINR
  • JPYINR
{{x.Lasttrdtime}} ( {{x.Time}} )
{{x.ltp| number:2}} {{x.PriceDiff| number:2}} ({{x.PerChange | number:2}}%)
Exchange - NSE
Open - {{x.Open|number:2}}
Exp Date - {{x.Expirydate}}
Today's High - {{x.High|number:2}}
Prev. Close - {{x.PrevPrice|number:2}}
Today's Low - {{x.Low|number:2}}
As On 26-Nov-2021 EOD, Market Closed
SENSEX
57,107.15
-1,687.94 (-2.87%)
NIFTY
17,026.45
-509.80 (-2.91%)
    No Companies Visited

Back to news list
  • L&T Finance Q1 PAT jumps 20% YoY to Rs 178 cr

    On a consolidated basis, the NBFC posted a 20% rise in net profit to Rs 177.85 crore on 11.6% decline in total income to Rs 3,201.49 crore in Q1 FY22 over Q1 FY21.

    The company recorded a 33.3% fall in net profit while total income declined 10.75% to Rs 3201.49 crore in Q1 FY22 over Q4 FY21.

    Profit before tax (PBT) stood at Rs 237.88 crore in Q1 FY22, rising 139% over Q1 FY21 and declining 67% over Q4 FY21.

    Interest income fell by 9% to Rs 2,925 crore in Q1 FY22 over Q1 FY21. Net interest margin (NIM) improved to 6.31% in Q1 FY22 from 5.01% in Q1 FY21. L&T Finance said higher NIM was achieved through reduction in cost of borrowing and maintaining lower average liquidity in Q1FY22 as compared to Q1FY21.

    The company said its operations were impacted in the month of April and May 2021 due to partial lockdown restrictions. In Q1FY22, the company said it utilized its Covid 1.0 learnings to address short-term challenges and maintained focus on building strengths across businesses. The measures sharply focused on shoring up liquidity, strengthening the balance sheet, following an analytics based collections approach, rigorously adhering to our collection led disbursement strategy as well as according top priority to employee care, with vaccination and financial support. These levers helped the Company minimize the downside and maximise the upside basis market drivers, across key business metrics such as Disbursements, Liability management, NIM + Fees and Credit cost. Furthermore, LTFH advanced its retailization (Rural + Retail Housing) strategy to 45% in Q1FY22, a stated long-term objective.

    With gradual unlock of economy in June, disbursements bounced back, led by faster pickup in economic activity across Farm Equipment Finance (FE), Two-Wheeler Finance (2W), Consumer Loans (CL) and Infrastructure Finance businesses. Due to slower Industry pick-up, the Micro Loans (ML), Housing and Real Estate Business saw moderate uptick in collections and disbursements. Infrastructure Finance portfolio continued to see strong sectoral performance leading to high collections on account of sell-down and repayments/pre-payments.

    Commenting on the financial results, Dinanath Dubhashi, MD & CEO of L&T Finance Holdings said, “Despite severe impact of Covid 2.0, the learnings from Covid 1.0 held us in good stead in managing short-term challenges and helped maximise positive impact on business metrics. During FY21, LTFH was able to successfully navigate extremely tough conditions and emerge stronger. Our Q1FY22 performance reflects the fact that the Company has built a sustainable business model, one which will enable it to grow in the medium to long-term while dealing with any short-term challenges (including impact of Covid 2.0).”

    L&T Finance Holdings is a diversified non-banking financial company (NBFC).

    Shares of L&T Finance fell 0.26% at Rs 94.85 on Friday.

    Back to news list
Previous Stories :
More
Hot Pursuit News

Quick Links

Formed in 1986, Capital Market Publishers India Pvt Ltd pioneered corporate databases and stock market magazine in India. Today Capitaline corporate database cover more than 35,000 listed and unlisted Indian companies. Latest technologies and standards are constantly being adopted to keep the database user-friendly, comprehensive and up-to-date.

Over the years the scope of the databases has enlarged to cover economy, sectors, mutual funds, commodities and news. Many innovative online and offline applications of these databases have been developed to meet various common as well as customized requirements.

While all the leading institutional investors use Capitaline databases, Capital Market magazine gives access to the databases to individual investors through Corporate Scoreboard. Besides stock market and company-related articles, the magazine’s independent and insightful coverage includes mutual funds, taxation, commodities and personal finance.

The power of the database is harnessed by our fired-up reporters to generate interesting ideas. The reader-friendly presentation of the idea, supplemented by relevant data and information, can be accessed online through Capita Telefolio and Telefolio Gold. These ideas are used by individual investors as well as institutional investors to do further research and stay ahead.

Capital Market Publishers India Pvt. Ltd.

401, Swastik Chambers, Sion Trombay Road, Chembur, Mumbai - 400 071.
91-22-25229720
91-22-25230011
Kindly note www.capitalmarket.com does not send any mobile SMS, whatsapp or twitter messages
giving any kind of stock recommendations.
For Capital Market Magazine queries mail to : subscription@capitalmarket.com
For Capital Market Online Products related queries mail to : financeshop@capitalmarket.com
For any other Capital Market Website related Queries mail to : info@capitalmarket.com
To advertise on Capital Market Websites & Capital Market Fortnightly magazine mail to : advt@capitalmarket.com
Flash News 26-Nov-2021
  •  ( 15:42) Sensex crashes 1,700 pts; The Nifty index manages to close above 17,000  
  •  ( 14:39) Indices hover near intraday low; The Nifty index holds 17,100 level  
  •  ( 12:32) LIC of India picks up minor stake in Aurobindo Pharma on Nov. 24  
  •  ( 12:20) Kirloskar Ferrous to acquire a majority stake in ISMT  
  •  ( 12:07) Shreyas Shipping & Logistics purchases carrier TBC Kailash for $14.60 mil.  
  •  ( 11:50) Indian Metals board OKs 1:1 bonus issue  
  •  ( 11:37) Indices hit intraday low; market breadth remains weak  
  •  ( 11:00) Ramkrishna Forgings bags order worth $1.2 mn in Oil & Gas segment  
  •  ( 10:35) The Nifty index trades below 17,200 level  
  •  ( 10:34) Benchmarks edge lower as COVID-19 fears re-escalate  
  •  ( 10:16) Tarsons Products lists at Rs 700 vs issue price of Rs 662  
  •  ( 10:14) Greenlam Ind board to mull stock split on 13 Dec  
  •  ( 09:32) Domestic indices open lower; The Nifty index trades beneath 17,300 mark  
  •  ( 08:46) Godrej Properties acquires land parcel in Bengaluru's Sarjapur  
  •  ( 08:35) Asian stocks trading lower  
Show News
26 November 2021 00:00
3143.90
(0.01 %)
661.80
(-2.68 %)
3333.95
(-1.66 %)
6803.75
(-4.60 %)
16679.95
(-3.88 %)
737.45
(-3.60 %)
4744.90
(3.32 %)
2742.10
(-4.49 %)
1107.75
(-1.53 %)
1490.10
(-2.24 %)
2334.75
(-0.64 %)
721.95
(-3.86 %)
901.45
(-6.01 %)
1690.45
(-1.86 %)
223.95
(-3.18 %)
1962.95
(-3.54 %)
1777.35
(-3.88 %)
852.90
(-4.27 %)
7170.90
(-5.27 %)
19210.35
(0.11 %)
128.65
(-4.84 %)
201.85
(-1.15 %)
2412.15
(-3.30 %)
470.50
(-4.09 %)
766.35
(-2.03 %)
1112.25
(-5.23 %)
3445.65
(0.00 %)
1520.40
(-2.46 %)
2291.80
(-4.43 %)
7390.65
(-2.88 %)
Sensex 5min and Nifty 15min delayed as on .
Show Ticker
Rotate your device

Rotate your device

For the best experience please go back to portrait mode.