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Bajaj Finserv Ltd Q2FY24; 25% rise in Profits

Bajaj Finserv Ltd. is the holding company for the various financial services businesses under the Bajaj group. It serves millions of customers by providing solutions for asset acquisition through financing, asset protection through general insurance, family and income protection in the form of life and health insurance, and retirement and savings solutions.

Financial Results:

Bajaj Finserv Ltd reported Revenues for Q2FY24 of ₹26,023.00 Crores up from ₹20,803.00 Crore year on year, a rise of 25.09%.

Total Expenses for Q2FY24 of ₹20,731.00 Crores up from ₹16,545.00 Crores year on year, a rise of 25.3%.

Consolidated Net Profit of ₹3,756.00 Crores up 25.33% from ₹2,997.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹12.09, up 23.75% from ₹9.77 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.

Tags: NBFC
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