Bajaj Finserv Ltd.

Bajaj Finserv has reported results for first quarter ended June 30, 2013.

The company has registered a surge of 10.88% in its net profit at Rs 11.11 crore for the quarter under review as compared to Rs 10.02 crore for the same quarter in the previous year. Total income from operation of the company has increased by 14.51% at Rs 31.57 crore for Q1FY14 as compared Rs 27.57 crore for the corresponding quarter previous year.

On the consolidated basis, the group’s net profit rose 42.81% to Rs 278.80 crore for the Q1 FY14 as compared to Rs 195.23 crore in Q1 FY13. Moreover, the total income also surged 36.96% to Rs 1270.87 crore in the quarter under review as compared to Rs 927.93 crore in the corresponding quarter previous year.