Bajaj Finance Q1 Results, Revenue at ₹16,098.67 Crore and Net Profit at ₹3,911.98 Crore

Bajaj Finance Q1 Results: Bajaj Finance announced their Q1 results for the fiscal year 2024-2025 on July 23, 2024. The company reported a strong performance with a revenue increase of 7.89% quarter-over-quarter (QoQ), reaching ₹16,098.67 crore compared to ₹14,926.21 crore in the previous quarter.

This growth was driven by higher interest income and an increase in fees and commission income, which contributed significantly to their overall revenue. Despite a rise in total expenses by 10.2% QoQ, primarily due to increased finance costs and impairment on financial instruments, Bajaj Finance saw a robust profit before tax of ₹5,265.35 crore, up 3.15% from the previous quarter.

The company’s net profit after tax also grew to ₹3,911.98 crore, reflecting a 2.28% increase from the last quarter. Their earnings per share for this period were ₹63.28, showing a positive trend and reflecting strong operational efficiency.

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Bajaj Finance Q1 Results 2024 - 2025

Bajaj Finance has released its financial results for the first quarter of the fiscal year 2024-2025. The company showed impressive growth across various metrics compared to the previous quarter. Below is a summary of the key figures from their Q1 results:

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Bajaj Finance Current Market Overview

Bajaj Finance is currently trading at ₹6,771 per share, with a market capitalization of ₹4,19,132 crore. Over the past year, the stock has ranged between ₹6,188 and ₹8,192. The company's price-to-earnings (P/E) ratio is 28.0, indicating how much investors are willing to pay for each rupee of earnings.

Bajaj Finance has a book value of ₹1,234 and offers a dividend yield of 0.53%. Its return on capital employed (ROCE) is 11.9%, and its return on equity (ROE) is 22.1%, reflecting strong financial performance. The company’s shares are listed on both the BSE and NSE.

Quarterly Results

Here is a summary of Bajaj Finance's quarterly results for December 2023, March 2024, and June 2024:

About Bajaj Finance

Bajaj Finance is a major non-banking financial company (NBFC) based in Pune, India. As a part of the Bajaj Finserv group, it offers a wide range of financial products and services, including personal loans, home loans, and insurance.

With a customer base of over 83 million and assets worth ₹330,615 crore (about $40 billion), it is one of the largest NBFCs in India. Bajaj Finance operates in thousands of locations across the country, including rural areas, providing easy access to financial services for many individuals and businesses.

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