Bajaj Finserv reports 44% rise in Q1 consolidated net profit
22nd Jul 2020

Bajaj Finserv has reported results for first quarter ended June 30, 2020.

The company has reported 2 - fold jumps in its net profit of Rs 1.04 crore for the quarter under review as against Rs 0.49 crore for the same quarter in the previous year. Total income of the company increased 20.29% at Rs 37.94 crore for Q1FY21 as compared Rs 31.54 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported 43.75% rise in its net profit attributable to owners at Rs 1215.15 crore for the quarter under review as against Rs 845.34 crore for the same quarter in the previous year. Total income of the company increased by 15.64% at Rs 14192.01 crore for Q1FY21 as compared Rs 12272.26 crore for the corresponding quarter previous year.