Corporates

Bajaj Finance core profits up 24% at Rs 4.2k crore

MUMBAI: Bajaj Finance reported a 24% jump in core profit for the Sept quarter of FY26, driven by strong loan growth and expansion in its customer base.The company’s standalone profit after tax stood at Rs 4,251 crore, 24% lower than Rs 5,614 crore a year earlier due to a one-time gain from the sale of shares in Bajaj Housing Finance during its IPO last year.Excluding that exceptional item and related taxes, profit rose from Rs 3,433 crore to Rs 4,251 crore.Profit before exceptional items and tax increased 22.7% to Rs 5,703 crore. Revenue from operations grew 18.6% to Rs 17,184 crore, supported by an 18.8% rise in interest income to Rs 14,969 crore.Expenses grew 16.6%, indicating improved operating efficiency. On a consolidated basis, net profit of the company was up 22% at Rs 4,875 crore for the second quarter ended September 2025.



Source link

creativebharatgroup@gmail.com

About Author

Leave a comment

Your email address will not be published. Required fields are marked *

You may also like

Corporates

Discounts come as Diwali gift as auto makers try to drive sales

NEW DELHI: The sudden slowdown in the car industry has meant that the discounts are not just in mere thousands,
Corporates

FPI trades, Q2 results to shape market trend

MUMBAI: Trading activities by foreign funds, quarterly earnings by a host of blue chip companies and Waaree Energies’ listing are