L&T Finance Holdings has reported 10 per cent increase its consolidated net profit at Rs 206 crore in the fourth quarter March 31, 2015 as against Rs 187 crore in the year ago period.
During the quarter, the non-banking finance company got the benefit of minimum alternate tax credit and deferred tax credit aggregating about Rs 37 crore and this helped prop up the bottomline.
For the full financial year, the company reported a 23 per cent jump in consolidated net profit at Rs 736 crore (Rs 597 crore in the year ago period).
The company's board has recommended dividend of Rs. 0.80 per equity share of face value Rs 10 each.
The company's shares were trading 4.47 per cent or Rs 2.85 higher at Rs 66.55 on the BSE.
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