Bajaj Finserv Ltd.

Bajaj Finserv has reported results for first quarter ended June 30, 2012.

The company has registered a fall of 17.97% in its net profit at Rs 10.02 crore for the quarter under review as compared to Rs 12.21 crore for the same quarter in the previous year. However, total income of the company has increased marginally by 0.07% at Rs 27.57 crore for Q1FY13 as compared Rs 27.55 crore for the corresponding quarter previous year.

On the consolidated basis, the group’s net profit rose 51.66% to Rs 195.23 crore for the Q1 FY13 as compared to Rs 128.73 crore in Q1 FY12. Moreover, the total income also surged 51.37% to Rs 927.93 crore in the quarter under review as compared to Rs 613.01 crore in the corresponding quarter previous year.