Bajaj Finance reports 43% rise in Q1 consolidated net profit

25 Jul 2019

Bajaj Finance has reported results for first quarter ended June 30, 2019.

The company has reported a rise of 34.90% in its net profit at Rs 1,124.73 crore for the quarter under review as compared to Rs 833.73 crore for the same quarter in the previous year. Total income of the company increased by 39.90% at Rs 5,304.81 crore for Q1FY20 as compared Rs 3,791.95 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported a rise of 42.99% in its net profit at Rs 1,195.25 crore for the quarter under review as compared to Rs 835.89 crore for the same quarter in the previous year. Total income of the company increased by 47.50% at Rs 5,808.29 crore for Q1FY20 as compared Rs 3,937.77 crore for the corresponding quarter previous year.

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