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Bajaj Finance reports 54% rise in Q2 consolidated net profit

Bajaj Finance has reported results for second quarter ended September 30, 2018.

The company has reported a rise of 55.04% in its net profit at Rs 920.28 crore for the quarter under review as compared to Rs 593.57 crore for the same quarter in the previous year. Total income of the company increased by 33.88% at Rs 4,093.39 crore for Q2FY19 as compared Rs 3,057.56 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported a rise of 54.46% in its net profit at Rs 923.47 crore for the quarter under review as compared to Rs 597.87 crore for the same quarter in the previous year. Total income of the company increased by 40.13% at Rs 4,296.35 crore for Q2FY19 as compared Rs 3,065.99 crore for the corresponding quarter previous year.

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