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| Exchange Disseminated Time | L&T Finance Holdings Ltd has announced the following results for the quarter ended December 31, 2013:
The Unaudited Standalone results for the Quarter ended December 31, 2013
The Company has posted a net profit of Rs. 501.826 million for the quarter ended December 31, 2013 as compared to Rs. 1892.230 million for the quarter ended December 31, 2012. Total Income has increased from Rs. 172.210 million for the quarter ended December 31, 2012 to Rs. 726.450 million for the quarter ended December 31, 2013.
The Consolidated Results are as follows :
The Unaudited results for the Quarter ended December 31, 2013
The Group has posted a net profit of Rs. 1096.887 million for the quarter ended December 31, 2013 where as the same was at Rs. 2946.264 million for the quarter ended December 31, 2012. Total Income is Rs. 13152.373 million for the quarter ended December 31, 2013 where as the same was at Rs. 9930.513 million for the quarter ended December 31, 2012.
"Figures for the quarter and nine months ended December 31, 2012 are not comparable with other periods 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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