Bajaj Finance Ltd.

BSE: 500034 | NSE: BAJFINANCE
Large Cap | Finance - NBFC
1090.00
2.30 (0.21%)
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Bajaj Finance reports 57% rise in Q4 consolidated net profit

Date: 16-05-2019

Bajaj Finance has reported results for fourth quarter and year ended March 31, 2019.

The company has reported a rise of 49.92% in its net profit at Rs 1,113.59 crore for the quarter under review as compared to Rs 742.77 crore for the same quarter in the previous year. Total income of the company increased by 42.71% at Rs 4,887.76 crore for Q4FY19 as compared Rs 3,424.99 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported a rise of 57.32% in its net profit at Rs 1,176.06 crore for the quarter under review as compared to Rs 747.55 crore for the same quarter in the previous year. Total income of the company increased by 52.04% at Rs 5,308.47 crore for Q4FY19 as compared Rs 3,491.59 crore for the corresponding quarter previous year.

For the year ended March 31, 2019, the company has reported a rise of 56.58% in its net profit at Rs 3,890.34 crore as compared to Rs 2,484.51 crore for the previous year. Total income of the company increased by 37.56% at Rs 17,400.85 crore for year under review as compared to Rs 12,649.66 crore for year ended March 31, 2018.

For the year ended March 31, 2019, on the consolidated basis, the company has reported a rise of 60.03% in its net profit at Rs 3,994.99 crore as compared to Rs 2,496.37 crore for the previous year. Total income of the company increased by 45.03% at Rs 18,501.76 crore for year under review as compared to Rs 12,756.84 crore for year ended March 31, 2018.