L&T Finance Q4 Results: Net profit rises 15% to ₹636 crore; declares final dividend

L&T Finance posted a 14.9% year-on-year growth in net profit, reaching ₹636.2 crore in Q4, compared to ₹553.9 crore in the same quarter last year.

The company’s net interest income (NII) also grew by 3.8% to ₹2,423.2 crore, up from ₹2,335.3 crore in Q4FY24, reflecting healthy growth in its financial services business.

However, the gross non-performing assets (NPA) ratio saw a slight rise to 3.29%, compared to 3.23% in the previous quarter and 3.15% in the same period last year.

Meanwhile, the net NPA ratio remained flat at 0.97%, up from 0.79% YoY, suggesting manageable asset quality challenges.

The board has proposed a final dividend of ₹2.75 per equity share for FY25, subject to shareholder approval at the upcoming AGM.

Also read: Shriram Finance Q4 Results: Profit, NII miss estimates, dragging stock 9%; dividend declared

Ahead of the earnings announcement, shares of L&T Finance closed at ₹173.10, down ₹6.40 or 3.57% on the BSE, reflecting market caution despite the positive earnings growth.