L&T Finance - MFI Performance Better than Industry; In-Line Earnings
L&T Finance (LTF) reported 17% YoY growth in PAT to INR7b (in line) in 2QFY25. PPoP grew ~23% YoY to ~INR15.9b (in line).
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L&T Finance Holdings Ltd - Q2FY25: Net Earnings on Expected Levels...
Net earnings were almost in line due to a better performance by retail segment except MFI, higher other income, lower opex and credit cost. It also...
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L&T Finance Holdings Ltd - Mixed Q4, Looking at Balance Outcome
Sharekhan's research report on L&T Finance Holdings LTFH’s earnings were significantly below estimates, led by higher provisions/higher opex in...
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L&T Finance Holdings - Real Estate Asset Sale to Accelerate Retailization
Apollo Global Management is in advanced talks with LTFH to acquire real estate loans worth Rs80-90bn in a deal pegged at $1bn, reported The...
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Divestment of its Asset Management business will further strengthen the balance Sheet
L&T Financial Holdings (LTFH) has entered into a definitive agreement with HSBC AMC, in which the latter will acquire 100% stake in L&T Investment...
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