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Bajaj Finserv reports 16% rise in Q3 consolidated net profit

30 Jan 2019 Evaluate

Bajaj Finserv has reported results for third quarter ended December 31, 2018.

The company has reported a fall of 30.81% in its net profit at Rs 7.68 crore for the quarter under review as compared to Rs 11.10 crore for the same quarter in the previous year. However, total income of the company increased by 1.12% at Rs 35.35 crore for Q3FY19 as compared Rs 34.96 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported a rise of 16.43% in its net profit at Rs 850.52 crore for the quarter under review as compared to Rs 730.50 crore for the same quarter in the previous year. Total income of the company increased by 39.18% at Rs 11,142 crore for Q3FY19 as compared Rs 8,005 crore for the corresponding quarter previous year.

Peers
Company Name CMP
Bajaj Finserv 1724.35
TVS Holdings 11614.00
Cholamandalam Fin. 1381.90
Altius Telecom Infra 173.00
Kama Holdings 2239.70
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