Bajaj Finance Ltd.

BSE: 500034 | NSE: BAJFINANCE
Large Cap | Finance - NBFC
1087.70
-3.00 (-0.28%)
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Bajaj Finance reports 36% rise in Q4 net profit

Date: 24-05-2016

Bajaj Finance has reported results for the fourth quarter and year ended March 31, 2016.

The company has posted a rise of 36.39% in its net profit at Rs 315.04 crore for the quarter ended March 31, 2016 as compared to of Rs 230.98 crore for the same quarter in the previous year. Total income of the company has increased by 35.46% at Rs 1957.45 crore for quarter under review as compared to Rs 1445.05 crore for the quarter ended March 31, 2015.

For the year ended March 31, 2016, the company has posted a rise of 42.39% in its net profit at Rs 1278.52 crore as compared to Rs 897.87 crore for the same period in the previous year. Total income of company increased by 36.27% at Rs 7383.48 crore for year under review as compared to Rs 5418.23 crore for the period ended March 31, 2015.

For the year ended March 31, 2016, on the consolidated basis, the company has posted a rise of 42.41% in its net profit after taxes, minority interest and share of profit/(loss) of associates at Rs 1278.63 crore as compared to Rs 897.88 crore for the same period in the previous year. Total income of company has increased by 36.27% at Rs 7383.66 crore for year under review as compared to Rs 5418.28 crore for the period ended March 31, 2015.