Bajaj Finance reports 19% fall in Q1 consolidated net profit
23rd Jul 2020

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

The company has reported 22.69% fall in its net profit of Rs 869.50 crore for the quarter under review as against Rs 1124.73 crore for the same quarter in the previous year. However, total income of the company increased 11.26% at Rs 5901.73 crore for Q1FY21 as compared Rs 5304.29 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported 19.49% fall in its net profit at Rs 962.32 crore for the quarter under review as against Rs 1195.25 crore for the same quarter in the previous year. However, total income of the company increased by 14.50% at Rs 6649.74 crore for Q1FY21 as compared Rs 5807.76 crore for the corresponding quarter previous year.