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Bajaj Finserv reports marginal rise in Q2 consolidated net profit

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

The company has reported over 2-fold jump in its net profit at Rs 291.59 crore for the quarter under review as compared to Rs 116.04 crore for the same quarter in the previous year. Total income of the company also reported over 2-fold jump at Rs 339.80 crore for Q2FY19 as compared Rs 154.07 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported a rise of 0.83% in its net profit at Rs 704.01 crore for the quarter under review as compared to Rs 698.20 crore for the same quarter in the previous year. Total consolidated income of the company increased by 17.32% at Rs 9,698.39 crore for Q2FY19 as compared Rs 8,266.42 crore for the corresponding quarter previous year.

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