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..
Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!