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Bajaj Finance reports 81% rise in Q1 consolidated net profit

19 Jul 2018 Evaluate

Bajaj Finance has reported results for first quarter ended June 30, 2018.

The company has reported a rise of 82.68% in its net profit at Rs 833.73 crore for the quarter under review as compared to Rs 456.40 crore for the same quarter in the previous year. Total income of the company increased by 34.27% at Rs 3,796.19 crore for Q1FY19 as compared Rs 2,827.37 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported a rise of 81.36% in its net profit at Rs 835.89 crore for the quarter under review as compared to Rs 460.91 crore for the same quarter in the previous year. Total consolidated income of the company increased by 39.08% at Rs 3,941.30 crore for Q1FY19 as compared Rs 2,833.87 crore for the corresponding quarter previous year.

Peers
Company Name CMP
Bajaj Finance 1023.00
Shriram Finance 1012.00
Aditya Birla Capital 390.65
Tata Capital 360.00
Chola Invest & Fin. 1823.30
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