Bajaj Finance Ltd.

Bajaj Finance has reported results for first quarter ended June 30, 2022.

The company has reported over 2-fold jump in its net profit at Rs 2,355.92 crore for the quarter under review as compared to Rs 842.92 crore for the same quarter in the previous year. Total income of the company increased by 37.67% at Rs 8,146.35 crore for Q1FY23 as compared Rs 5,917.20 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported over 2-fold jump in its net profit at Rs 2,596.25 crore for the quarter under review as compared to Rs 1,002.44 crore for the same quarter in the previous year. Total income of the company increased by 37.66% at Rs 9,282.71 crore for Q1FY23 as compared Rs 6,743.25 crore for the corresponding quarter previous year.