Bajaj Finserv Ltd.

BSE: 532978 | NSE: BAJAJFINSV
Large Cap | Finance - Investment
2002.40
0.90 (0.04%)
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Bajaj Finserv reports 48% rise in Q1 consolidated net profit

Date: 27-07-2023

Bajaj Finserv has reported results for first quarter ended June 30, 2023 (Q1FY24). 

Bajaj Finserv has reported 73.14% rise in its net profit at Rs 403.51 crore for the quarter under review as compared to Rs 233.05 crore for the same quarter in the previous year. Total income of the company increased by 69.06% at Rs 603.27 crore for Q1FY24 as compared Rs 356.84 crore for the corresponding quarter previous year.

On consolidated basis, the company has reported 48.36% rise in net profit at Rs 1,942.63 crore for the quarter ended June 30, 2023 as compared to Rs 1,309.38 crore for the same quarter in the previous year. Total income of the company increased by 46.52% at Rs 23,279.98 crore for Q1FY24 as compared Rs 15,888.38 crore for the corresponding quarter previous year.