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Bajaj Finance Ltd Q2FY25; 2.6% rise in Profits QoQ

Company Overview:

Bajaj Finance Ltd, a subsidiary of Bajaj Finserv, is one of India’s leading non-banking financial companies (NBFCs). It offers a diverse range of financial products, including consumer finance, SME lending, commercial lending, wealth management, and insurance services. With a widespread presence across India, Bajaj Finance caters to millions of customers through its extensive network of branches and digital platforms. Known for its innovative financing solutions like EMI cards and fast loan approvals, the company emphasizes customer-centric services and tech-driven operations, contributing to its rapid growth and leadership in the Indian financial services sector.

Financial Results:

Bajaj Finance Ltd reported a Total Revenue for Q2FY25 of ₹ 17,095 Crore up from ₹ 16,102 Crore quarter on quarter, a rise of 6.2%.

Total Expenses for Q2FY25 of ₹ 11,697 Crore up from ₹ 10,839 Crore quarter on quarter, a rise of 7.9%.

Net Profit of ₹ 4,014 Crores up 2.6% from ₹ 3,912 Crore, when compared to the previous quarter (Q1FY25).

The Earnings per Share is ₹64.66, up 2.2% from ₹ 63.28, when compared to the previous quarter (Q1FY25).

Tags: NBFC
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