{"id":135219,"date":"2022-10-27T05:25:15","date_gmt":"2022-10-27T09:25:15","guid":{"rendered":"https:\/\/44.250.171.167\/?p=135219"},"modified":"2023-04-25T08:27:44","modified_gmt":"2023-04-25T12:27:44","slug":"the-story-behind-bajaj-finserv-q2fy23-results","status":"publish","type":"post","link":"https:\/\/alphastreet.com\/india\/the-story-behind-bajaj-finserv-q2fy23-results\/","title":{"rendered":"The Story Behind Bajaj Finserv Q2FY23 Results"},"content":{"rendered":"\n<p><a href=\"https:\/\/44.250.171.167\/symbol\/bajajfinsv\/\">Bajaj Finserv Ltd.<\/a> serves as the financial services arm for the Bajaj Group. In the diversified financial services companies that come under Bajaj Finserv Ltd., the major ones are Bajaj Finance, Bajaj Allianz General Insurance and Bajaj Allianz Life Insurance.<\/p>\n\n\n\n<p>Majority of the profit for Bajaj Finserv Ltd. comes from its 52.49% stake in Bajaj Finance Ltd. Bajaj Finance enjoyed a great quarter due to increase in its Assets Under management and reduction in loan loss provisions. So, increase in operations coupled with the improvement in asset quality resulted in higher profits. Read more about it <a href=\"https:\/\/44.250.171.167\/the-story-behind-bajaj-finance-q2fy23-results\/\" target=\"_blank\" rel=\"noreferrer noopener\">here<\/a>.<br><br>The General Insurance Business witnessed de-growth. As per the <a href=\"https:\/\/www.bajajfinserv.in\/finserv-investor-presentation\" target=\"_blank\" rel=\"noopener\">investor presentation<\/a>, the reason for decreased profitability comes from the lower realized gains witnessed by Bajaj Allianz General Insurance Business.<br><br>The Life Insurance Industry as a whole has seen an uptick in policy sales after the pandemic. Bajaj Allianz Life Insurance observed a 51% YoY growth in its Profits After Tax. The reason behind this growth is lower claims and higher investment income.<\/p>\n\n\n\n<p><strong>Financial Results:&nbsp;<\/strong><\/p>\n\n\n\n<figure class=\"wp-block-table\"><table><tbody><tr><td><strong>\u20b9 Cr.<\/strong><\/td><td><strong>Q2FY23<\/strong><\/td><td><strong>Q2FY22<\/strong><\/td><td><strong>YoY<\/strong><\/td><\/tr><tr><td>Total Revenue<\/td><td>20,803<\/td><td>18,008<\/td><td>16%<\/td><\/tr><tr><td>PAT<\/td><td>1,557<\/td><td>1,122<\/td><td>39%<\/td><\/tr><tr><td>Net Worth<\/td><td>42,462<\/td><td>37,886<\/td><td>12%<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p><strong>Profit After Tax By Individual Group Companies:<\/strong><\/p>\n\n\n\n<figure class=\"wp-block-table\"><table><tbody><tr><td><strong>PAT (\u20b9 Cr.)<\/strong><\/td><td><strong>H1FY23<\/strong><\/td><td><strong>H1FY22<\/strong><\/td><td><strong>YoY<\/strong><\/td><\/tr><tr><td>Bajaj Finance<\/td><td>5,377<\/td><td>2,483<\/td><td>117%<\/td><\/tr><tr><td>Bajaj Allianz General Insurance<\/td><td>747<\/td><td>788<\/td><td>&#8211; 5%<\/td><\/tr><tr><td>Bajaj Allianz Life Insurance<\/td><td>283<\/td><td>188<\/td><td>51%<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bajaj Finserv Ltd. serves as the financial services arm for the Bajaj Group. In the diversified financial services companies that come under Bajaj Finserv Ltd., the major ones are Bajaj Finance, Bajaj Allianz General Insurance and Bajaj Allianz Life Insurance. Majority of the profit for Bajaj Finserv Ltd. comes from its 52.49% stake in Bajaj [&hellip;]<\/p>\n","protected":false},"author":1885,"featured_media":135221,"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":[392,1,6352],"tags":[10097],"class_list":["post-135219","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-earnings","category-finance-stocks","category-research-summary","tag-financial-service"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2022\/10\/iStock-585522866.jpg","jetpack_likes_enabled":false,"jetpack-related-posts":[{"id":144316,"url":"https:\/\/alphastreet.com\/india\/earnings-bajaj-finserv-limited-nse-bajajfinsv-q4fy23-results-out-total-income-rise-25-yoy\/","url_meta":{"origin":135219,"position":0},"title":"Earnings | Bajaj Finserv Limited (NSE: BAJAJFINSV): Q4FY23 Results Out; Total Income rise 25% YoY.","author":"Divyansh_Kasana","date":"April 27, 2023","format":false,"excerpt":"Bajaj Finserv Limited is a leading Indian financial services company that offers a diverse range of products and services, including lending, insurance, and wealth management. It operates through its subsidiaries Bajaj Finance, Bajaj Allianz Life Insurance, and Bajaj Allianz General Insurance. Bajaj Finserv has a strong digital presence, providing customers\u2026","rel":"","context":"In &quot;Earnings&quot;","block_context":{"text":"Earnings","link":"https:\/\/alphastreet.com\/india\/category\/earnings\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/04\/b3f9b643-0b26-48a8-a3f0-9641b51d3a76.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/04\/b3f9b643-0b26-48a8-a3f0-9641b51d3a76.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/04\/b3f9b643-0b26-48a8-a3f0-9641b51d3a76.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/04\/b3f9b643-0b26-48a8-a3f0-9641b51d3a76.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/04\/b3f9b643-0b26-48a8-a3f0-9641b51d3a76.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/04\/b3f9b643-0b26-48a8-a3f0-9641b51d3a76.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":131806,"url":"https:\/\/alphastreet.com\/india\/infographic-bajaj-finserv-q1-net-profit-soars-57-to-rs-1309-crores-while-the-revenue-rises-14\/","url_meta":{"origin":135219,"position":1},"title":"Infographic: Bajaj Finserv Q1 net profit soars 57% to Rs 1,309 Crores while the Revenue rises 14%","author":"Chirag Gupta","date":"July 29, 2022","format":false,"excerpt":"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\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","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":166776,"url":"https:\/\/alphastreet.com\/india\/aum-surge-insurance-strategy-leadership-moves\/","url_meta":{"origin":135219,"position":2},"title":"BAJAJFINSV Q3 2024-2025 Call Highlights: AUM Surge, Insurance Strategy &#038; Leadership Moves!","author":"Praveen","date":"February 11, 2025","format":false,"excerpt":"Bajaj Finserv Limited., an Indian non-banking financial services company, in its Q3 earnings call covered major updates across Bajaj Finserv's businesses. For Bajaj Allianz General Insurance Company Ltd. (BAGIC), discussions focused on motor TP loss ratios, health insurance commission structures, and maintaining the Expense of Management ratio below 30%, while\u2026","rel":"","context":"In &quot;Concall Highlights&quot;","block_context":{"text":"Concall Highlights","link":"https:\/\/alphastreet.com\/india\/category\/earnings-call-highlights\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/07\/CC_Image_8.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/07\/CC_Image_8.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/07\/CC_Image_8.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/07\/CC_Image_8.jpg?resize=700%2C400&ssl=1 2x"},"classes":[]},{"id":139486,"url":"https:\/\/alphastreet.com\/india\/bajaj-finserv-ltd-nse-bajajfinsv-releases-q3-fy23-results\/","url_meta":{"origin":135219,"position":3},"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 &quot;AlphaGraphs&quot;","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":165272,"url":"https:\/\/alphastreet.com\/india\/bajaj-finserv-ltd-q2fy25-11-rise-in-profits\/","url_meta":{"origin":135219,"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 &quot;AlphaGraphs&quot;","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":168150,"url":"https:\/\/alphastreet.com\/india\/bajaj-finserv-ltd-q4fy25-16-rise-in-profits\/","url_meta":{"origin":135219,"position":5},"title":"Bajaj Finserv Ltd Q4FY25; 16% rise in Profits","author":"Divyansh_Kasana","date":"April 30, 2025","format":false,"excerpt":"Company Overview: 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\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","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\/04\/BAJAJFINSV.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/04\/BAJAJFINSV.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/04\/BAJAJFINSV.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/04\/BAJAJFINSV.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/04\/BAJAJFINSV.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/04\/BAJAJFINSV.png?resize=1400%2C800&ssl=1 4x"},"classes":[]}],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/135219","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\/1885"}],"replies":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/comments?post=135219"}],"version-history":[{"count":0,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/135219\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/media\/135221"}],"wp:attachment":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/media?parent=135219"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/categories?post=135219"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/tags?post=135219"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}