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| Exchange Disseminated Time | L&T Finance Holdings Ltd has announced the following results for the quarter & year ended March 31, 2014:
The Audited results for the Quarter ended March 31, 2014
The Company has posted a net profit of Rs. 9.608 million for the quarter ended March 31, 2014 as compared to Rs. 1059.965 million for the quarter ended March 31, 2013. Total Income has decreased from Rs. 1422.896 million for the quarter ended March 31, 2013 to Rs. 187.085 million for the quarter ended March 31, 2014.
The Audited results for the Year ended March 31, 2014
The Company has posted a net profit of Rs. 1963.831 million for the year ended March 31, 2014 as compared to Rs. 3113.252 million for the year ended March 31, 2013. Total Income has increased from Rs. 2006.722 million for the year ended March 31, 2013 to Rs. 2912.267 million for the year ended March 31, 2014.
"The Consolidated Results are as follows :
The Audited Consolidated results for the Quarter ended March 31, 2014
The Group has posted a net profit of Rs. 1865.417 million for the Quarter ended March 31, 2014 where as the same was at Rs. 1714.306 million for the Quarter ended March 31, 2013. Total Income is Rs. 14313.593 million for the Quarter ended March 31, 2014 where as the same was at Rs. 11460.358 million for the Quarter ended March 31, 2013.
The Audited Consolidated results for the Year ended March 31, 2014
The Group has posted a net profit after taxes, minority interest and share of profit / (loss) of associates of Rs. 5968.933 million for the year ended March 31, 2014 where as the same was at Rs. 7304.714 million for the year ended March 31, 2013. Total Income is Rs. 52371.842 million for the year ended March 31, 2014 where as the same was at Rs. 39947.932 million for the year ended March 31, 2013.
Figures for the year ended March 31, 2014 are not comparable with the year ended March 31, 2013 on account of acquisitions of subsidiaries namely, L&T Housing Finance Limited (formerly: Indo Pacific Housing Finance Limited), L&T Fund Management Private Limited (formerly: FIL Fund Management Private Limited), L&T Trustee Services Private Limited (formerly: FIL Trustee Company Private Limited) and FamilyCredit Limited during the third quarter of the previous financial year." |
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