Bajaj Finance Limited(NSE: BAJFINANCE) is a non-banking financial company (NBFC) based in India. It offers a wide range of financial products and services including personal loans, home loans, business loans, and consumer durable loans, as well as fixed deposits, wealth management services, and insurance products. The company operates through a network of branches and digital channels, and is known for its strong focus on customer service and innovation.
In December 2022, Bajaj Finance Limited reported revenue of INR 10,784 crores, an increase from the previous periods. The company’s interest income also increased, reaching INR 3,351 crores. However, expenses and other income also increased, resulting in a decline in the company’s financing profit margin which was 38%. The net profit of the company also decreased to INR 2,973 crores. The company’s Earnings Per Share (EPS) was INR 49.11 in December 2022.