Bajaj Finserv Ltd.
16.15 (0.81%) Bajaj Finserv reports 31% fall in Q1 consolidated net profit
Date: 22-07-2021Bajaj Finserv has reported results for first quarter ended June 30, 2021.
The company has reported a fall of 64.42% in its net profit at Rs 0.37 crore for the quarter under review as compared to Rs 1.04 crore for the same quarter in the previous year. However, total income of the company increased by 7.59% at Rs 40.82 crore for Q1FY22 as compared Rs 37.94 crore for the corresponding quarter previous year.
On the consolidated basis, the company has reported a fall of 31.47% in its net profit attributed to the owners at Rs 832.77 crore for the quarter under review as compared to Rs 1,215.15 crore for the same quarter in the previous year. Total income of the company decreased by 1.71% at Rs 13,949.45 crore for Q1FY22 as compared Rs 14,192.01 crore for the corresponding quarter previous year.