L&T Finance shares tumble 3% after Q3 PAT declines 2% YoY
- Posted on January 21, 2025
- By Business News Today
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L&T Finance shares tumble 3% after Q3 PAT declines 2% YoY
Shares of L&T Finance (LTF) fell 3% to Rs 140.40 after the company reported a 2% YoY decline in Q3 PAT to Rs 626 crore. Despite this, its retail book grew by 23% YoY to Rs 92,224 crore. LTF's consolidated PAT for 9MFY25 rose 14% YoY to Rs 2,007 crore. NIM, fees, and other income stood at 10.33%, down 60 bps YoY.