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Last Updated : Jan 30, 2017 06:58 PM IST | Source: CNBC-TV18

Finance book grew by 4% YoY in Q3: Bajaj Finance

Bajaj Finance reported a 36 percent rise in net profit to Rs 555.56 crore for the third quarter of current fiscal. Total Income rose to Rs 2,729.08 crore in comparison to Rs 2,069.62 crore quarter-on-quarter.

Bajaj Finance reported a 36 percent rise in net profit to Rs 555.56 crore for the third quarter of current fiscal. Total Income rose to Rs 2,729.08 crore in comparison to Rs 2,069.62 crore quarter-on-quarter.

In the third quarter, the company’s finance book grew by 4 percent year-on-year, said Rajeev Jain, MD of Bajaj Finance.

However, Jain said that that collective efficiencies in the broader balance sheet are yet to return to normalcy.

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First Published on Jan 30, 2017 06:13 pm
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