Bajaj Finance Ltd.

BSE: 500034 | NSE: BAJFINANCE
Large Cap | Finance - NBFC
1090.00
2.30 (0.21%)
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Bajaj Finance reports 43% rise in Q4 net profit

Date: 17-05-2017

Bajaj Finance has reported results for fourth quarter and year ended March 31, 2017.    

The company has reported a rise of 42.57% in its net profit after taxes and minority interest at Rs 449.15 crore for the quarter ended March 31, 2017 as compared to Rs 315.04 crore for the same quarter in the previous year. Total income from operations of the company increased by 39.08% at Rs 2665.02 crore for quarter under review as compared to Rs 1916.23 crore for the quarter ended March 31, 2016. 

For the year ended March 31, 2017, the company has posted a rise of 43.65% in its net profit at Rs 1836.55 crore as compared to Rs 1278.52 crore in FY16. Total income of company increased by 36.80% at Rs 9977.36 crore for year under review as compared to Rs 7293.54 crore for the year ended March 31, 2016.

For the year ended March 31, 2017, on the consolidated basis, the company has posted a rise of 43.62% in its net profit at Rs 1836.38 crore as compared to Rs 1278.63 crore in the previous year. Total income of the company increased by 36.80% at Rs 9977.36 crore for year under review as compared to Rs 7293.54 crore for the year ended March 31, 2016.