At Moneycontrol, the Results page helps you effectively track corporate announcements and results for various listed companies across both India and abroad. With our Results page, you can keep abreast with an updated, comprehensive view of all the profit/loss statements, company spendings, AGM outcomes, and quarterly and annual results from all these listed companies. Additionally, Moneycontrol also regularly tracks international MNCs listed on NASDAQ and Asian bourses, including popular companies like Apple, Google, Alibaba. Apart from finding solid copies of company results, stock movements consequent to these company results, expectations, and analytical post results copies, you will also find copies and articles detailing the earnings, impact, and all major announcements made to media/exchanges by these companies, so that you do not miss anything. We also provide you with concrete data points to help you spot profitable trades, stock build-ups, and bulk deals. At Moneycontrol, we also cover analysts/investors meetings; scrutinise results and data and BSE/NSE reports or news. The copies are not just full of information and data, but are also adequately supplemented with expert views, investor opinions, extensive interviews, videos, and a huge variety of explainers, analyses, and informative slideshows to help you gauge the market and make investment decisions in the best possible manner. More
Shares of Bajaj Finance and Bajaj Finserv fell around six percent, emerging as the top Nifty 50 losers despite reporting double-digit profit growth for Q4.
Net Interest Income (NII) is expected to decrease by 2.4 percent Y-o-Y (down 13 percent Q-o-Q) to Rs. 13,846.2 crore, according to ICICI Direct.
Net Interest Income (NII) is expected to increase by 29.9 percent Y-o-Y (up 2.7 percent Q-o-Q) to Rs. 12,602 crore, according to KR Choksey.
Net Interest Income (NII) is expected to increase by 32.9 percent Y-o-Y (up 5.1 percent Q-o-Q) to Rs. 12,893.1 crore, according to ICICI Direct.
Smaller companies have had a good run in September quarter. This suggests that such stocks can give good returns even as the market volatility ensues.
The stock is expensive, but for a reason. Investors cannot ignore this business of lending to the aspirational mass, which is in a sweet spot.
In an interview with CNBC-TV18, Sanjiv Bajaj, MD of Bajaj Finserv said that 70 percent of the company's incremental insurance business comes from the retail sector.
Bajaj FinServ reported a 48 percent gain in its net interest income (NII) to Rs 1320 crore year-on-year (YoY) for the third quarter and net profit grew 58 percent to Rs 408 crore (YoY).
The company's net interest income (NII), the difference between interest earned and interest expected grew by 44 percent to Rs 1,006 crore compared to Rs 698 crore during the same period.
Sanjiv Bajaj, MD, Bajaj Finserv says the general insurance industry is still seeing slow growth of 10-11 percent because a large part of the industry is motor insurance and motor sales have remained tepid.
The board of the company has already approved a total of Rs 1800 crore of fund raising which includes up to Rs 1400 crore through QIP and Rs 400 crore through warrants to Bajaj Finserv which is the promoter company.
Bajaj Finance has reported profit after tax of 27 percent at Rs 176 crore, which includes a one-time standard asset provisioning to the tune of Rs 18 crore. It's assets under management stood at Rs 19,229 crore.
Sanjiv Bajaj, MD, Bajaj Finserv. says he says the big growth numbers this quarter came from Bajaj Finance and Bajaj Allianz General Insurance, whereas Bajaj Allianz Life insurance has seen a drop as the industry has contracted because of the number of new product regulations in the recent past.
Sanjiv Bajaj, MD, Bajaj Finserv explains to CNBC-TV18 that the performance of the finance, life and general insurance arms of the company has helped strengthen results.
In an interview to CNBC-TV18 Sanjiv Bajaj, managing director, Bajaj Finserv & Investments pointed out that the strong profit growth seen in life insurance, general insurance and Bajaj Finance helped the company to clock a rise of 51% in net profit.
In an interview to CNBC-TV18 Sanjiv Bajaj, managing director, Bajaj Finserv said that the company and its underlying businesses have registered good performance in the fourth quarter.
Bajaj FinServ has reported its third quarter numbers. The company's consolidated net profit rose to Rs 170 crore versus Rs 107 crore, YoY. The consolidated net sales grew to Rs 825 crore versus Rs 530 crore, same period last year.
In an interview to CNBC-TV18, Sanjiv Bajaj, managing director of Bajaj FinServ said, the life insurance business has seen very strong profit. “But on the top-line, the industry and we have continued through four-five quarters of declining growth.” From third-fourth quarter, he expects some growth coming on the top-line of life insurance business.
Sanjiv Bajaj, managing director of Bajaj FinServ & Investments, in an interview with CNBC-TV18's Latha Venkatesh, said that their will either be a slowdown on topline growth or crimping of margins with Reserve Bank of India's (RBI) shocking rate hike.
Bajaj Finserv has reported a strong quarter with income surging to Rs 1300 crore. Sanjiv Bajaj, MD, tells CNBC-TV18 that the company can maintain its margins in the next 2 quarters, but a further hike in interest rate could play spoilsport ahead.
In an interview CNBC-TV18’s Avni Raja, Sanjiv Bajaj, Bajaj Finserv, spoke about the results and his outlook for the company.