Categories AlphaGraphs, Earnings, Finance, LATEST, Trending Stocks

Bajaj Finance Limited for Q1FY23 reports a 159% growth in Profits

Revenue for Q1 FY23 has increased by 38% YoY to ₹ 9280.92 crores. Profit After Tax has grown by 159% YoY to ₹ 2,596.25 crores. Interest Income Segment Revenue rose by 33% YoY for Q1 FY 2023. Core AUM rose by 31% YoY to ₹204,018 crores in Q1FY23.

New Loans Booked grew 60% YoY and Customer Franchise grew by 20%. In this quarter’s investor presentation, showed that the ROE grew to 23.07% when the FY22 ROE was 17.43%. Along with that, the capital ratio was 26.16% for Q1FY23.

To further compare this quarter’s results to the past, check out this link.

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