Bajaj Finance Ltd.
-3.00 (-0.28%) Bajaj Finance reports 32% rise in Q1 consolidated net profit
Date: 26-07-2023Bajaj Finance has reported results for first quarter ended June 30, 2023 (Q1FY24).
The company has reported 25.60% rise in its net profit at Rs 2959.06 crore for the quarter under review as compared to Rs 2355.92 crore for the same quarter in the previous year. Total income of the company increased by 30.90% at Rs 10665.69 crore for Q1FY24 as compared Rs 8148.05 crore for the corresponding quarter previous year.
On consolidated basis, the company has reported 32.38% rise in net profit at Rs 3436.89 crore for the quarter ended June 30, 2023 as compared to Rs 2596.25 crore for the same quarter in the previous year. Total income of the company increased by 34.62% at Rs 12500.54 crore for Q1FY24 as compared Rs 9285.86 crore for the corresponding quarter previous year.