Larsen & Toubro Ltd. Is also widely known as L&T, one of the segment in which they are working is finance with the name of L&T Finance Holding ltd. L&T Finance Holding ltd. is basically a non-banking financial institution and core investing company. They give the facility in the fields such as microfinance, personal vehicle finance, housing finance,Retail and Mid-Market Finance, rural products finance, loans and leases, Wholesale Finance, commercial vehicle finance, construction equipment finance,loan against shares and supply chain finance, Investment Management consisting of the management of assets such as mutual funds and the stocks and bonds, they also provide the facilities like wealth management so that to help people in investments and the returns.
Source : marketing91.com
The company’s top management includes Dr. (Mrs.)Rajani Gupte, Mr.B Prabhakar, Mr.Dinanath Dubhashi, Mr.T Thomas Mathew, Ms.Nishi Vasudeva, Mr.Harsh Mariwala, Mr.P V Bhide, Mr. Pavninder Singh, Mr.R Shankar Raman, Mr.S V Haribhakti. As on 30-09-2018, the company has a total of 1,997,049,785 outstanding shares. The company’s investment management business had average assets under management of Rs 60313.55 and the wealth management business had average assets under service of Rs 17330 crore as of December 31 2017.
Source : static1.squarespace.com
Mostly the L&T Finance Ltd. provides the finance to the companies and the firms which are engaged in the field of the infrastructure building and also the finance is provided on the project reports and non-project report to non-infrastructure sectors involved in the thermal and renewable energy. Also their field of working revolves around the mutual funds and investment management.
Source : sdmimd.ac.in
The Company’s segments include Retail and Mid Market Finance, which consists of rural products finance, transportation-roads, ports and airports; telecom, and other non-infra segments; Investment Management, which consists of assets management of mutual fund and private equity fund, personal vehicle finance, microfinance, housing finance, commercial vehicle finance, construction equipment finance, loans and leases, loan against shares and supply chain finance; Wholesale Finance, which consists of project finance and non-project corporate finance to infra and non-infra segments across power-thermal and renewable; and Other Business, which consists of wealth management and financial product distribution.
Source : distinctivecollegeconsulting.com
It offers a range of financial products and also provides related services across India. L&T Finance Holdings Ltd. was incorporated in the year 2008. It is a Large Cap company and has a market cap of Rs 31388.07 Crore. L&T Finance operates in Finance sector in India as well as worldwide. L&T Finance Holdings Ltd. Key revenue sources include Dividend which contributed 376.92 Crores and Interest which contributed Rs 73.01 Crore which is 16.22% of sales for the year ending 31-Mar-2018.For the quarter ended 30-09-2018, the company has reported a Consolidated sales of Rs 3246.30 Crore and the Company has reported net profit after tax of Rs 559.12 Crore in latest quarter.