Branch2 Intelligence
L&T Finance Q1 Update: Retail disbursements jump 36%, retail book grows 28%
Key takeaway
L&T Finance retail disbursements up 36% YoY in Q1, retail book grows 28%.
- Step 11st-order: L&T Finance retail disbursements jump 36% YoY, retail book grows 28%.
- Step 22nd-order: Higher retail loan volumes drive net interest income and fee income growth, improving profitability.
- Step 33rd-order: Improved earnings visibility and asset quality lead to potential re-rating of the stock.
Source: CNBC TV18 (Markets)
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