Bajaj finance q2 results 2021 date

Bajaj Finance's net profit rose

Bajaj Finserv on Thursday posted a 14 per cent year-on-year YoY jump in its consolidated net profit at Rs 1, The non-bank lender logged a The revival in business gathered momentum after the disruption caused the second wave of the COVID pandemic on the back of reopening of the economy in many states, policy support and rapid pace of vaccinations. The non-bank lender further stated that the business has now moved focus to growth and continues to be "cautiously optimistic" about its outlook for the rest of the current financial year. Meanwhile, Bajaj Finserv's subsidiary Bajaj Allianz General Insurance posted a 28 per cent on-year increase in net profit to Rs crore in the September quarter. Bajaj Allianz Life Insurance also logged a strong quarter of earnings as new business premium jumped 62 per cent YoY to Rs 2, crore in the reported quarter.

Bajaj finance q2 results 2021 date

Bajaj Finance is mainly engaged in the business of lending. BFL has a diversified lending portfolio across retail, SME and commercial customers with a significant presence in urban and rural India. It also accepts public and corporate deposits and offers variety of financial services products to its customers. Source : Annual Report Page No Please exercise caution and do your own analysis. Consolidated Figures in Rs. Classifications such as banks and foreign portfolio investors were not available earlier. Click on the line-items to see the names of individual entities. Home Screens Tools. Premium features. Login Get free account. Bajaj Finance Ltd Notebook. Bajaj Finance Ltd. Pros Company is expected to give good quarter Company has delivered good profit growth of Cons Stock is trading at 6.

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Company's annual revenue growth of Source: Consolidated Financials. Average price gain of 3. Stock gave a 3 year return of Bajaj Finance Ltd. Sensex sinks points on broad-based selling, Nifty near 22,

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Bajaj finance q2 results 2021 date

Bajaj Finance's net profit rose Analysts had expected the NBFC to report stable asset quality and strong loan growth. The company's net interest income NII also increased by The company added 4, employees in Q2FY The annualized attrition in H1 FY24 was Risk metrics across all businesses were stable except rural B2C business. The Company has provisioning coverage ratio of 66 per cent on stage 3 assets as of September 30, As per the investor presentation of the company, the cost of funds of Bajaj Finance was 7. The cost of funds of subsidiary Bajaj Housing Finance also increased 3 bps on a quarterly basis in July-September.

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Home Elections Anami Roy, Dr. Internet Not Available. Education Jobs Lifestyle. My Account. Following are the key changes to Bajaj Finance shareholding: Promoter holding have gone down from Bajaj Finance share price opened higher on Tuesday ahead of the release of September quarter financial results later today. Detailed Comparison with:. It expects strong sequential AUM growth of 7. Bajaj Finance Ltd. Meanwhile, Bajaj Finserv's subsidiary Bajaj Allianz General Insurance posted a 28 per cent on-year increase in net profit to Rs crore in the September quarter. Bajaj Finance shares opened 0. Bajaj Finance Ltd.

Choose your reason below and click on the Report button. This will alert our moderators to take action. Log out of your current logged-in account and log in again using your ET Prime credentials to enjoy all member benefits.

Candlestick Screener. Get alerts on WhatsApp. Analysts had expected the NBFC to report stable asset quality and strong loan growth. Market Calendar. My Account. Div Yield. Expert Views. Approximately thirty-one companies will release their September quarter results today. Bajaj Finance shares underperformance enters fifth month; will retail investors hold on to it? Concalls Add Missing.

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