Bajaj Finserv Ltd.

BSE: 532978 | NSE: BAJAJFINSV
Large Cap | Finance - Investment
2002.40
0.90 (0.04%)
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Bajaj Finserv reports 31% rise in Q2 consolidated net profit

Date: 28-10-2016

Bajaj Finserv has reported results for second quarter ended September 30, 2016.

The company has reported 43.38% fall in its net profit at Rs 40.69 crore for the quarter under review as compared to Rs 71.86 crore for the same quarter in the previous year. Total income of the company decreased by 28.49% at Rs 69.44 crore for the quarter under review as compared Rs 97.10 crore for the corresponding quarter previous year.   

On the consolidated basis, the company has reported 30.52% rise in its net profit after tax, minority interest and share of profit of associates of Rs 575.75 crore for the quarter ended September 30, 2016 as compared to Rs 441.13 crore for the same quarter in the previous year. The total income of the company increased by 34.90% at Rs 2999.84 crore for quarter under review as compared to Rs 2223.80 crore for the quarter ended September 30, 2015.