Non-bank lender L&T Finance reported a 17% rise in consolidated profit after tax, reaching Rs 696 crore. The company's assets grew by 18%, with retail disbursements up 12%. Facing sectoral challenges, the firm aims to prioritize credit outcomes, maintaining stable net interest margins and reducing the cost of funds.
from Stocks-Markets-Economic Times https://ift.tt/nE7pjut
L&T Finance Q2 Results: Net profit rises 17%; expects challenging six months ahead
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