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Bajaj Finance Ltd Q3FY24; 22% rise in Profits

Bajaj Finance is mainly engaged in the business of lending. BFL has a diversified lending portfolio across retail, SME and commercial customers with a significant presence in urban and rural India. It also accepts public and corporate deposits and offers variety of financial services products to its customers.(Source : 202003 Annual Report Page No:124)

Financial Results:

Bajaj Finance Ltd reported Revenues for Q3FY24 of ₹14,161.00 Crores up from ₹10,787.00 Crore year on year, a rise of 31.28%.

Total Expenses for Q3FY24 of ₹9,272.00 Crores up from ₹6,778.00 Crores year on year, a rise of 36.8%.

Consolidated Net Profit of ₹3,639.00 Crores up 22.4% from ₹2,973.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹58.88, up 19.89% from ₹49.11 in the same quarter of the previous year.

*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.

*The presented data is automatically generated. It may occasionally generate incorrect information.

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Tags: Finance
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