Bajaj Finance Q3 Results: Net Profit Jumps 22% To Rs 3,639 Crore, Revenue Up 31%
Bajaj Finance Q3 Results: Net Profit Jumps 22% To Rs 3,639 Crore, Revenue Up 31%
Bajaj Finance's revenue from operations during October-December 2023 rises 31.28 per cent to Rs 14,161.09 crore, compared with Rs 10,787.25 crore in the year-ago period

Bajaj Finance Ltd on Monday reported a 22.40 per cent YoY jump in its consolidated net profit to Rs 3,638.95 crore for the December 2023 quarter (Q3 FY24). Its revenue from operations during October-December 2023 rose 31.28 per cent to Rs 14,161.09 crore, compared with Rs 10,787.25 crore in the year-ago period.

Its net profit had stood at Rs 2,973 crore for the corresponding quarter last year.

Bajaj Finance’s assets under management (AUM) increased 35 per cent to Rs 3,10,968 crore during Q3 FY24, against Rs 230,842 crore a year ago. Its net interest income rose 29 per cent to Rs 7,655 crore, from Rs 5,922 crore a year ago.

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