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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.

January 30, 2017 / 18:58 IST
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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.Watch video for more..

first published: Jan 30, 2017 06:13 pm

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