1 year, 7 months ago
Bajaj Finserv Q4 Profit Rises by 31% to Rs 1,769 Crore
News 18Bajaj Finserv Ltd on Wednesday reported a 31 per cent jump in its consolidated net profit at Rs 1,769 crore for the fourth quarter ended in March 2023. The total consolidated income during the March 2023 quarter increased to Rs 23,625 crore, as against Rs 18,862 crore in the corresponding period of the previous financial year, BFL, the holding company for the various financial services businesses under the Bajaj group, said in a regulatory filing. For the financial year 2022-23, the company witnessed 41 per cent increase in profit at Rs 6,417 crore, as against Rs 4,557 crore in the previous fiscal. The life insurance arm reported a net new business value of Rs 950 crore, as against Rs 621 crore in the previous year.
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previous
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