23/7/2024, 4:01:02 pm

Bajaj Finance Q1 Results | Net profit of ₹3,912 crore meets estimates

Bajaj Finance reported a net profit of ₹3,912 crore for the April-June quarter, in line with estimates, with a 13.8% year-over-year increase. Net Interest Income rose 24.5% to ₹8,365 crore. Asset quality remained stable, with Gross NPA at 0.86% and Net NPA at 0.38%. Provision Coverage Ratio stood at 56%. Shares of Bajaj Finance fell 2.3% to ₹6,728, down 8% in 2024.

Source: FlipItMoney
Bajaj Finance Q1 Results | Net profit of ₹3,912 crore meets estimates

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