Bajaj Finserv Ltd.

Bajaj Finserv has reported results for first quarter ended June 30, 2015.

The company has reported 70.51% rise in its net profit at Rs 13.59 crore for the quarter ended June 30, 2015 as compared to Rs 7.97 crore for the same quarter in the previous year. The company’s total income has increased by 53.01% to Rs 39.08 crore for the quarter under review from Rs 25.54 crore for the corresponding quarter of the previous year.

On the consolidated basis, the company has reported 46.19% rise in its net profit after taxes, minority interest and share of profit / (loss) of associates at Rs 466.90 crore for the quarter ended June 30, 2015 as compared to Rs 319.37 crore for the same quarter in the previous year. Total income of the company has increased by 35.70% at Rs 2211.86 crore for quarter under review as compared to Rs 1629.93 crore for the quarter ended June 30, 2014.