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% … Read more

Shriram Transport Finance planning to raise funds via NCDs

Shriram Transport Finance Company is planning to raise funds in ordinary course of business by way of issue of redeemable Non-Convertible Debentures (NCDs) on private placement basis. The meeting of Board of Directors of the company will be held on October 25, 2018, to consider the same. Shriram Transport Finance Company is a flagship company … Read more

Indiabulls Housing Finance’s Q2 consolidated net profit rises 21%

Indiabulls Housing Finance has reported results for second quarter ended September 30, 2018. The company has reported a rise of 16.10% in its net profit of Rs 933.26 crore for the quarter under review as compared to Rs 803.83 crore for the same quarter in the previous year. Total income of the company increased by … Read more

L&T Finance Holdings raises funds worth Rs 250 crore

L&T Finance Holdings has raised funds worth Rs 250 crore. The Committee of Directors (Committee) has approved allotment of 2,50,00,000 Cumulative Compulsorily Redeemable Non-Convertible Preference Shares (CRPS) of face value of Rs 100 each on a private placement basis to the identified investors. The Committee approved the same on October 12, 2018. L&T Finance Holdings … Read more

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