{"id":131806,"date":"2022-07-29T03:23:51","date_gmt":"2022-07-29T07:23:51","guid":{"rendered":"https:\/\/44.250.171.167\/?p=131806"},"modified":"2022-10-06T04:29:33","modified_gmt":"2022-10-06T08:29:33","slug":"infographic-bajaj-finserv-q1-net-profit-soars-57-to-rs-1309-crores-while-the-revenue-rises-14","status":"publish","type":"post","link":"https:\/\/alphastreet.com\/india\/infographic-bajaj-finserv-q1-net-profit-soars-57-to-rs-1309-crores-while-the-revenue-rises-14\/","title":{"rendered":"Infographic: Bajaj Finserv Q1 net profit soars 57% to Rs 1,309 Crores while the Revenue rises 14%"},"content":{"rendered":"\n

On Thursday Bajaj Finserv reported a 57 per cent jump in net profit at Rs 1,309 crore in the first quarter ended June 30, on healthy earnings by its subsidiary companies. Earlier this year, the company had posted a net profit of Rs 833 crore.<\/p>\n\n\n\n

The consolidated total income during April-June period of 2022-23 was up 14 per cent to Rs 15,888 crore, Bajaj Finserv said in a regulatory filing. As per the company, the business conditions improved significantly in the first quarter of FY23 and its consolidated assets under management (AUM) crossed a milestone of Rs 2,00,000 crore during this period and stood at Rs 2,04,018 crore. Its wholly-owned subsidiary, Bajaj Housing Finance Ltd (BHFL) recorded a growth of 96 per cent in profit after tax during the June 2022 quarter.<\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n

Of the other material subsidiaries, Bajaj Allianz General Insurance Company (BAGIC) recorded a healthy growth of 25 per cent in gross written premium and 14 per cent growth in profit in Q1FY23, Bajaj Finserv said.<\/p>\n\n\n\n

“Bajaj Allianz Life Insurance Company (BALIC) continued its excellent performance and recorded industry beating growth of 81 per cent in individual rated new business premium while growing new business value significantly in Q1FY23,” it said. Shareholders’ profit after tax during the quarter under review stood at Rs 124 crore, as against Rs 84 crore in the year-ago period, the company said.<\/p>\n","protected":false},"excerpt":{"rendered":"

On Thursday Bajaj Finserv reported a 57 per cent jump in net profit at Rs 1,309 crore in the first quarter ended June 30, on healthy earnings by its subsidiary companies. Earlier this year, the company had posted a net profit of Rs 833 crore. The consolidated total income during April-June period of 2022-23 was […]<\/p>\n","protected":false},"author":1863,"featured_media":49407,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[105,392,5],"tags":[10163,1792],"class_list":["post-131806","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-infographics","category-earnings","category-latest","tag-bajaj","tag-financial-services"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2020\/02\/Trending-stocks.jpg","jetpack_likes_enabled":false,"jetpack-related-posts":[{"id":139486,"url":"https:\/\/alphastreet.com\/india\/bajaj-finserv-ltd-nse-bajajfinsv-releases-q3-fy23-results\/","url_meta":{"origin":131806,"position":0},"title":"Bajaj Finserv Ltd. (NSE: BAJAJFINSV) Releases Q3 FY23 Results","author":"Divyansh_Kasana","date":"January 30, 2023","format":false,"excerpt":"Bajaj Finserv (NSE: BAJAJFINSV) is an Indian financial services company that provides loans, insurance, and investment products. It is a subsidiary of Bajaj Holdings and Investments Limited. The company offers a wide range of financial products and services to individuals and businesses, including personal loans, home loans, car loans, loan\u2026","rel":"","context":"In "AlphaGraphs"","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/01\/c87225d1-a0c5-4508-afac-a2d317be8d63.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/01\/c87225d1-a0c5-4508-afac-a2d317be8d63.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/01\/c87225d1-a0c5-4508-afac-a2d317be8d63.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/01\/c87225d1-a0c5-4508-afac-a2d317be8d63.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/01\/c87225d1-a0c5-4508-afac-a2d317be8d63.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/01\/c87225d1-a0c5-4508-afac-a2d317be8d63.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":142603,"url":"https:\/\/alphastreet.com\/india\/earnings-bajaj-holdings-investment-ltd-nse-bajajhldng-q3fy23-results-out-total-income-rise-5-yoy\/","url_meta":{"origin":131806,"position":1},"title":"Earnings | Bajaj Holdings & Investment Ltd. (NSE: BAJAJHLDNG): Q3FY23 Results Out; Total Income rise 5% YoY","author":"Divyansh_Kasana","date":"February 23, 2023","format":false,"excerpt":"Bajaj Holdings & Investment Ltd. (NSE: BAJAJHLDNG) is an Indian conglomerate holding company that invests in various industries such as financial services, insurance, and healthcare. It is the parent company of Bajaj Group, which includes Bajaj Auto, Bajaj Finserv, and other subsidiaries. The company's primary focus is on strategic investments,\u2026","rel":"","context":"In "Earnings"","block_context":{"text":"Earnings","link":"https:\/\/alphastreet.com\/india\/category\/earnings\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":139494,"url":"https:\/\/alphastreet.com\/india\/bajaj-holdings-and-investments-limited-nse-bajajhldng-releases-q3-fy23-results\/","url_meta":{"origin":131806,"position":2},"title":"Bajaj Holdings and Investments Limited (NSE: BAJAJHLDNG) Releases Q3 FY23 Results","author":"Divyansh_Kasana","date":"January 30, 2023","format":false,"excerpt":"Bajaj Holdings and Investments Limited (NSE: BAJAJHLDNG) is an Indian holding company headquartered in Mumbai. It is the flagship company of the Bajaj Group, a well-known conglomerate in India. BHIL holds the majority stakes in various subsidiaries of the Bajaj Group, including Bajaj Finserv, Bajaj Auto, Mukand Limited, and more.\u2026","rel":"","context":"In "AlphaGraphs"","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/01\/70eba525-1b21-4e52-9c6d-3a9d0d0eb8d9.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/01\/70eba525-1b21-4e52-9c6d-3a9d0d0eb8d9.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/01\/70eba525-1b21-4e52-9c6d-3a9d0d0eb8d9.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/01\/70eba525-1b21-4e52-9c6d-3a9d0d0eb8d9.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/01\/70eba525-1b21-4e52-9c6d-3a9d0d0eb8d9.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/01\/70eba525-1b21-4e52-9c6d-3a9d0d0eb8d9.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":135099,"url":"https:\/\/alphastreet.com\/india\/bajaj-finserv-q2fy23-results-out-net-profit-soars-by-39\/","url_meta":{"origin":131806,"position":3},"title":"Bajaj Finserv Q2FY23 results out: Net profit soars by 39%","author":"Chirag Gupta","date":"October 25, 2022","format":false,"excerpt":"On Tuesday, Bajaj Finserv reported its earnings for the quarter ended September 2022. The net sales at INR 20,803.22 crore in September 2022, up by 15.52% from INR 18,008.22 crore in September 2021. The Quarterly Net Profit stood at INR 1,556.93 crore in September 2022, up by 38.75% from INR\u2026","rel":"","context":"In "AlphaGraphs"","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"trending stocks high volatility","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2020\/02\/Trending-stocks.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2020\/02\/Trending-stocks.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2020\/02\/Trending-stocks.jpg?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":165272,"url":"https:\/\/alphastreet.com\/india\/bajaj-finserv-ltd-q2fy25-11-rise-in-profits\/","url_meta":{"origin":131806,"position":4},"title":"Bajaj Finserv Ltd Q2FY25; 11% rise in Profits","author":"Divyansh_Kasana","date":"October 29, 2024","format":false,"excerpt":"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\u2026","rel":"","context":"In "AlphaGraphs"","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/10\/BA.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/10\/BA.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/10\/BA.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/10\/BA.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/10\/BA.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/10\/BA.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":167186,"url":"https:\/\/alphastreet.com\/india\/bajaj-finserv-ltd-q3fy25-9-rise-in-profits\/","url_meta":{"origin":131806,"position":5},"title":"Bajaj Finserv Ltd Q3FY25; 9% rise in Profits","author":"Divyansh_Kasana","date":"March 4, 2025","format":false,"excerpt":"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\u2026","rel":"","context":"In "AlphaGraphs"","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/03\/J-1.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/03\/J-1.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/03\/J-1.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/03\/J-1.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/03\/J-1.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/03\/J-1.png?resize=1400%2C800&ssl=1 4x"},"classes":[]}],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/131806","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/users\/1863"}],"replies":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/comments?post=131806"}],"version-history":[{"count":0,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/131806\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/media\/49407"}],"wp:attachment":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/media?parent=131806"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/categories?post=131806"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/tags?post=131806"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}