'L&T Finance conducted a conference call on 21 January
2025 to discuss its financial results for the quarter ended December 2024.
Sudipta Roy, MD&CEO of the company addressed the call:
Highlights:
The diversified structure of the organization has helped to
achieve highest ever festive quarter disbursements of Rs 15210 crore in
Q3FY2025, while recording 5% growth over a year ago.
The secured asset disbursements growth was led by farmer
finance at 23% and home loans & LAP at 24%.
The rural business finance disbursements have declined 16%
to Rs 4599 crore due to cautious approach.
Retail loan book has posted healthy growth of 23% to over Rs
92224 end December 2024
NIMs+Fees have eased to 10.33% in Q3FY2025 from 10.86% in
Q3FY2024 due to loan book mix change. The decline in the share of unsecured
loan book would keep pressure on margins.
Credit cost for Q3FY25 was at 2.49% (2.91% excluding macro
u...
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