Chart Beat: It is back to action for Bajaj Finance in Q1FY25
5 months, 2 weeks ago

Chart Beat: It is back to action for Bajaj Finance in Q1FY25

Live Mint  

Bajaj Finance Ltd reported a significant uptick in its June quarter performance following the Reserve Bank of India's decision on 2 May to lift restrictions on the company’s 'eCOM' and 'Insta EMI Card' loan sanctioning and disbursal operations. In Q1FY25, Bajaj Finance added 4.47 million new customers, marking a healthy 16% year-on-year increase and a multi-quarter high. “The trend of customer additions in Q1FY25 was significantly stronger than in previous years, indicating that both e-commerce and Insta EMI Card customer acquisitions have regained strong momentum," pointed out a note from Motilal Oswal Financial Services. Bajaj Finance also reported a strong 31% year-on-year growth in assets under management, reaching approximately ₹3.5 trillion as of 30 June.

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History of this topic

Bajaj Finance pivots to profitability with AI, scales back payments ambitions
1 week, 3 days ago

Bajaj Finance pivots to profitability with AI, scales back payments ambitions

Live Mint  

MUMBAI : Bajaj Finance Ltd, one of India’s leading non-bank lenders, is scaling back its ambitions in the payments and credit card businesses as part of a revised five-year roadmap, BFL 3.0. Read this | Bajaj Finance set for a sturdy quarter despite RBI directive Explaining the rationale behind re-evaluating Bajaj Pay, the company’s payments platform, Jain said, “After three …

Bajaj Finance stock may face near-term pain as it marches ahead on growth, seeking wider market share
1 week, 4 days ago

Bajaj Finance stock may face near-term pain as it marches ahead on growth, seeking wider market share

Live Mint  

Bajaj Finance Ltd laid out its long-range strategy for 2025-29, building on the framework of last year’s 2024-28 strategy. Among the key goals, the non-banking financial company expects to increase its share in the total credit market to 3.2-3.5% by FY29, representing a significant rise from 2.1% at September-end. Now, under BFL 3.0, Bajaj Finance aims to position itself as …

Bajaj Housing Finance share price tumbles 6% as 3-month IPO lock-in period ends today
1 week, 4 days ago

Bajaj Housing Finance share price tumbles 6% as 3-month IPO lock-in period ends today

Live Mint  

Shares of Bajaj Housing Finance tumbled 6% in intraday trade on Thursday, December 12 to a two-week low of ₹132.80 apiece. This decline comes as the three-month shareholder lock-in period ended today, releasing 12.5 crore shares, or 2% of the outstanding equity of Bajaj Housing Finance, which is now available for sale in the secondary market. Bajaj Housing Finance is …

Explained: Why Bajaj Housing Finance shares fell 5% in early trade
1 week, 5 days ago

Explained: Why Bajaj Housing Finance shares fell 5% in early trade

India Today  

Shares of Bajaj Housing Finance fell nearly 5% in early trade on Thursday. The shares of Bajaj Housing Finance are currently trading at Rs 141, which is over 100% above their issue price of Rs 70. The one-month lock-in period for anchor investors of the Bajaj group’s housing finance arm ended on October 6, making 2% of the equity available …

Bajaj Auto stock plummets to 4-month low, slides 29% from recent peak. Can it fall more?
3 weeks, 4 days ago

Bajaj Auto stock plummets to 4-month low, slides 29% from recent peak. Can it fall more?

Live Mint  

Shares of Bajaj Auto, one of the leading manufacturers of two-wheelers, fell nearly 2% in trade on Thursday, November 28 to hit a 4-month low of ₹9,013 per share. Further contributing to the negative sentiment, Bajaj Auto reported weak domestic sales for October, with a year-on-year decline of 8%, dropping from 3.29 lakh units to 3.03 lakh units. Bajaj Auto …

SBI Card: Puzzling investors’ fancy for cards biz
1 month, 2 weeks ago

SBI Card: Puzzling investors’ fancy for cards biz

Live Mint  

The September quarter results of SBI Cards and Payments Services Ltd may be rather forgettable, but the stock still trades at the levels seen after June quarter earnings were announced. However, SBI Card's return on assets stood at 2.7% for the September quarter vis-à-vis 4.5% for Bajaj Finance. Both companies essentially earn money from loans, but unlike SBI Card, Bajaj …

BoB Q2 Results: A Strong Performance with Significant Growth
1 month, 4 weeks ago

BoB Q2 Results: A Strong Performance with Significant Growth

Live Mint  

Bank of Baroda reports a strong Q2 result, with a 23.2% increase in standalone net profit and a 7.3% YoY growth in NII. The bank's operating income and profit margins are also impressive, with a 12% YoY rise in operating income and a 18.2% YoY increase in operating profit. The bank's net and gross NPAs have also improved significantly, indicating …

Bajaj Finserv Soars 8% as Insurance Push Fuels Profit
2 months ago

Bajaj Finserv Soars 8% as Insurance Push Fuels Profit

New Indian Express  

Bajaj Finserv reports an 8 percent rise in net profit to Rs 2,087 crore in the September quarter. The company's net gain on fair value of investments increased by Rs 1,650 crore, contributing significantly to the overall profit. The revenue of the company jumped 29 percent to Rs 33,704 crore, but it did not translate into commensurate net income due …

Stocks to Watch: Strong Performance in the Banking and Real Estate Sectors
2 months ago

Stocks to Watch: Strong Performance in the Banking and Real Estate Sectors

Live Mint  

The news article focuses on several Indian stocks, highlighting positive financial performances and potential gains. While some companies like Bajaj Housing Finance, Cyient DLM, and Union Bank of India saw significant increases in their net profits, others like Mahindra Logistics and Aurum PropTech reported net losses. Ola Electric's IPO is expected to be a major highlight in the Indian stock …

Bajaj Housing to Grow Construction Finance to 16% of AUM
2 months ago

Bajaj Housing to Grow Construction Finance to 16% of AUM

Live Mint  

Bajaj Housing Finance aims to increase its construction finance business to 16% of its AUM, with a focus on taking this share to around 16% of the product mix. The lender is bullish on the lease rental discounting (LRD) business and plans to continue to grow it at a steady pace. The bulk of Bajaj Housing's loan against property (LAP) …

Bajaj Housing Finance Soars 21% in Net Profit, First Quarterly Earnings After IPO
Top News
2 months ago

Bajaj Housing Finance Soars 21% in Net Profit, First Quarterly Earnings After IPO

News 18  

Bajaj Housing Finance reports a significant increase in its net profit to Rs 546 crore for the Q2 FY25, compared to Rs 451 crore a year ago. The company raised Rs 6,560 crore through an IPO in September 2024, which helped boost its AUM to Rs 1.03 lakh crore. Despite a slight decline in the net profit margin, the company's …

Bajaj Housing Finance's Net Income Soars 21% to Rs 546 Crore
2 months ago

Bajaj Housing Finance's Net Income Soars 21% to Rs 546 Crore

New Indian Express  

Bajaj Housing Finance reports a 21 percent increase in net income to Rs 546 crore in the September quarter. The company's net interest income grew 13 percent to Rs 713 crore, while assets under management surged 26 percent to Rs 1.03 trillion. However, the net profit margin declined to 22.64 percent from 23.6 percent. The company's capital adequacy ratio has …

Bajaj Housing Finance Soars 21% in Net Profit, First Earnings Since Listing
2 months ago

Bajaj Housing Finance Soars 21% in Net Profit, First Earnings Since Listing

India Today  

Bajaj Housing Finance reports a significant increase in its net profit and revenue for the quarter ending September 2024. The company's net profit jumped by 21%, reaching Rs 546 crore, compared to Rs 451 crore in the same period last year. The revenue from operations also saw a rise of 26%, reaching Rs 2,410 crore. The company's net interest income …

Bajaj Housing Finance shares hit 10% upper circuit limit after blockbuster debut
3 months ago

Bajaj Housing Finance shares hit 10% upper circuit limit after blockbuster debut

The Hindu  

Shares of newly-listed Bajaj Housing Finance Ltd on Tuesday surged 10% to hit the upper circuit limit, extending the listing day gains. Shares of Bajaj Housing Finance Ltd made a solid market debut on Monday and ended with a huge premium of nearly 136% against the issue price of ₹70. The ₹6,560-crore initial public offer of Bajaj Housing Finance Ltd …

Bajaj Housing Finance shares hit 10 pc upper circuit limit after blockbuster debut
3 months, 1 week ago

Bajaj Housing Finance shares hit 10 pc upper circuit limit after blockbuster debut

New Indian Express  

NEW DELHI: Shares of newly-listed Bajaj Housing Finance Ltd on Tuesday surged 10 per cent to hit the upper circuit limit, extending the listing day gains. The stock jumped 10 per cent to hit the upper circuit limit of Rs 181.48 on the BSE. Shares of Bajaj Housing Finance Ltd made a solid market debut on Monday and ended with …

Bajaj Housing Finance lists with a bang: Should investors hold it long term or book profits?
3 months, 1 week ago

Bajaj Housing Finance lists with a bang: Should investors hold it long term or book profits?

Hindustan Times  

Bajaj Housing Finance made a remarkable debut on the BSE with its shares listing at ₹150, a premium of 114.2 per cent over the issue price of ₹70. Bajaj Housing Finance shares opened at ₹ 150, a significant premium over its IPO price. Shriram Subramanian, Founder and MD, InGovern Research Services, said, “As expected the Bajaj Housing Finance stock listed …

Bajaj Housing Finance more than doubles in market debut on September 16
3 months, 1 week ago

Bajaj Housing Finance more than doubles in market debut on September 16

The Hindu  

Shares of Bajaj Housing Finance more-than-doubled in their trading debut on Monday, giving the company a market capitalisation of 1.34 trillion Rupees and making it most valuable listed home loan financier. The second-biggest home loan financier by Assets Under Management, Bajaj Housing Finance's $782 million IPO had attracted bids worth about $38.60 billion last week, making it the most sought-after …

Bajaj Hindusthan Sugar Q1 Results Live: Loss Falls by 10.56% YOY
4 months, 1 week ago

Bajaj Hindusthan Sugar Q1 Results Live: Loss Falls by 10.56% YOY

Live Mint  

Bajaj Hindusthan Sugar Q1 Results Live : Bajaj Hindusthan Sugar declared their Q1 results on 12 Aug, 2024. Notably, the company's net loss decreased by 10.56% compared to the same period last year, indicating an improvement in financial performance. In terms of stock performance, Bajaj Hindusthan Sugar has delivered a -1.68% return in the last week, a 7.62% return over …

Bajaj Finance shares fall as Q1 results disappoint brokerage firms; here’s what they said
4 months, 4 weeks ago

Bajaj Finance shares fall as Q1 results disappoint brokerage firms; here’s what they said

Live Mint  

Shares of Bajaj Finance dropped nearly 3 percent in intra-day trading on Wednesday after the non-banking financial company released its Q1 earnings report. Q1 Results Bajaj Finance reported a 14 percent increase in net profit for the June 2024 quarter, reaching ₹3,912 crore compared to ₹3,437 crore in the same quarter of 2023. Brokerage views Bajaj Finance reported a solid …

Bajaj Auto Q1 Results Live : profit rise by 18.1% YOY
5 months, 1 week ago

Bajaj Auto Q1 Results Live : profit rise by 18.1% YOY

Live Mint  

Bajaj Auto Q1 Results Live : Bajaj Auto declared their Q1 results on 16 Jul, 2024, with the topline increasing by 15.71% and the profit increasing by 18.1% YoY. Bajaj Auto delivered 1.93% return in the last week, 33.24% return in the last 6 months, and 42.97% YTD return. As of 17 Jul, 2024, out of 39 analysts covering the …

Bajaj Auto Q1 results: Net profit rises 19% to ₹1,988 crore; revenue up 16% YoY. Check key highlights
5 months, 1 week ago

Bajaj Auto Q1 results: Net profit rises 19% to ₹1,988 crore; revenue up 16% YoY. Check key highlights

Live Mint  

Bajaj Auto, the two and three-wheeler manufacturer, on Tuesday reported a net profit of Rs1,988 crore in the first quarter of FY25, upon a revenue of ₹11,928 crore. Here are key highlights from Bajaj Auto Q1 Results: Net Profit Bajaj Auto Q1 net profit rose 19.4% to Rs1,988 crore from ₹1,665 crore in the year-ago quarter. Revenue Bajaj Auto's revenue …

Q1 results today: Bajaj Auto, L&T Finance, Network18 among 25 companies to announce earnings on July 16
5 months, 1 week ago

Q1 results today: Bajaj Auto, L&T Finance, Network18 among 25 companies to announce earnings on July 16

Live Mint  

The earnings season has begun for Q1 FY25 and many companies including TCS, SpiceJet, Jio Financial Services have already announced their quarterly results. Q1 results today On July 16, these companies are scheduled to announce their quarterly results: Alok Industries, Agro Tech Foods, Atishay, Bajaj Auto, Aditya Birla Money, BMW Industries, Century Textiles and Industries, Crisil, Capital Trade Links, D …

Bajaj Housing Finance files for Rs.7000 crore IPO following RBI mandate
6 months, 2 weeks ago

Bajaj Housing Finance files for Rs.7000 crore IPO following RBI mandate

Hindustan Times  

Bajaj Housing Finance is launching a Rs.7,000 crore IPO. Bajaj Housing Finance managed Rs.91,370 crore worth of assets as of March 31st this year. Bajaj Housing Finance was till now, a wholly-owned subsidiary of Bajaj Finance. The lead book-runners are Kotak Mahindra Capital Company Limited, BofA Securities India Limited, Axis Capital Limited, Goldman Sachs Securities Private Limited, SBI Capital Markets …

Bajaj Finance: Up 4000% in last 10 years but negative in 2024 so far, should you buy the stock?
8 months, 1 week ago

Bajaj Finance: Up 4000% in last 10 years but negative in 2024 so far, should you buy the stock?

Live Mint  

The last one year has not been very impressive for the non-banking lenders on the back of high credit costs even as their asset quality remains robust. December quarter earnings In the December quarter,Bajaj Finance posted a 22.40 percent year-on-year rise in its consolidated net profit at ₹3,638.95 crore as against ₹2,973 crore in the same period last fiscal. Read …

Bajaj Auto buyback for raising up to ₹4,000 crore to open on March 6
9 months, 2 weeks ago

Bajaj Auto buyback for raising up to ₹4,000 crore to open on March 6

Live Mint  

Bajaj Auto buyback: Bajaj Auto share buyback for raising up to ₹4,000 crore will open on March 6 and close on March 13. Bajaj Auto buyback price is set at ₹10,000 per share, which is around 24% higher than its Monday’s closing price of ₹8,042.75 apiece. The company’s board had approved to buyback up to 40,00,000 fully paid-up equity shares …

Bajaj Finance to de-rate, says UBS; assumes coverage with ‘Sell’
11 months ago

Bajaj Finance to de-rate, says UBS; assumes coverage with ‘Sell’

Live Mint  

Bajaj Finance is expected to see an earnings downgrade and a de-rating in its multiples going ahead, analysts said. The market is likely overestimating Bajaj Finance’s ability to keep growing AUM at its historical pace while maintaining ROA despite increased competition and its large size, according to analysts at UBS. UBS believes Jio Financial Services may disrupt Bajaj Finance’s core …

Financial Growth: Exploring The Potential Of Bajaj Finance Fixed Deposits!
1 year, 1 month ago

Financial Growth: Exploring The Potential Of Bajaj Finance Fixed Deposits!

ABP News  

Markets can be unpredictable, so investing in a stable and lucrative investment avenue becomes paramount and a Bajaj Finance Fixed Deposit is just that, offering high interest with AAA/STABLE ratings. At the heart of every wise investment decision lies the interest rate, and Bajaj Finance takes the lead with some of the best FD rates in the market. Beyond the …

Bajaj Hindusthan Sugar reports Q2 net loss at ₹122.87 crore
1 year, 1 month ago

Bajaj Hindusthan Sugar reports Q2 net loss at ₹122.87 crore

Live Mint  

Bajaj Hindusthan Sugar Ltd on Thursday posted a consolidated net loss at ₹122.87 crore in the second quarter of this fiscal year. Mumbai-headquartered Bajaj Hindusthan Sugar Ltd is India's leading sugar and ethanol manufacturing company. In October, the National Company Law Tribunal had allowed the withdrawal of the insolvency plea against Bajaj Hindusthan by the State Bank of India, as …

Bajaj Finserv Q2 net profit rises 24% to ₹1,929 crore; stock jumps over 2%
1 year, 1 month ago

Bajaj Finserv Q2 net profit rises 24% to ₹1,929 crore; stock jumps over 2%

Live Mint  

Bajaj Finserv on Friday reported a consolidated net profit of ₹1,929 crore for the second quarter of FY24, registering a growth of 24% from ₹1,557 crore in the corresponding quarter of last fiscal. Bajaj Finserv Asset Management received encouraging response to its mutual fund schemes launched in the quarter with Assets Under Management of ₹5,235 crore at 30 September 2023, …

Bajaj Finance Q2 FY24 results: profit rise by 27.7% YOY
1 year, 2 months ago

Bajaj Finance Q2 FY24 results: profit rise by 27.7% YOY

Live Mint  

Bajaj Finance, the leading financial services company, has declared their Q2 FY24 results on 17 Oct, 2023. In addition, when compared to the previous quarter, Bajaj Finance reported a growth of 7.04% in revenue and 3.31% in profit. In terms of stock performance, Bajaj Finance has delivered a return of 0.12% in the last 1 week, 36.81% in the last …

Bajaj Auto posts 5% rise in Q2 revenue at ₹10,777.27 crore
1 year, 2 months ago

Bajaj Auto posts 5% rise in Q2 revenue at ₹10,777.27 crore

Live Mint  

Bajaj Auto on Wednesday reported a 5.6% rise in second-quarter revenue as price hikes offset weak demand for its motorcycles. Key takeaways from Q2 results Revenue from Operations registers a new high of <10,777 crores Underpinned by double digit volume growth, with the sustained buoyancy on the domestic front cushioning the weak, albeit improving exports performance. At Rs2, 133 crores, …

Bajaj Finance share price drops over 2% post Q2 results; what should you do?
1 year, 2 months ago

Bajaj Finance share price drops over 2% post Q2 results; what should you do?

Live Mint  

Bajaj Finance share price: Bajaj Finance share price fell over 2 per cent in early trade on BSE on Wednesday, October 18, a day after the company reported its current fiscal's July-September quarter scorecard. Bajaj Finance share price opened at ₹8,080.95 against the previous close of ₹8,091.35 and dropped 2.05 per cent to the level of ₹7,925 quickly. From its …

Q2 Results today: Bajaj Auto, Wipro, IndusInd Bank, 29 others to post earnings
1 year, 2 months ago

Q2 Results today: Bajaj Auto, Wipro, IndusInd Bank, 29 others to post earnings

Live Mint  

Q2 Results today: The quarterly earnings season is in full swing and today 32 companies will be reporting its earnings. Here's the list of some of the companies that will report their Q2FY24 numbers today - 5paisa, Astral, Alpha Ind, Bajaj Auto, Bandhan Bank, DPL, Gujarat Cotex, Heritage Food, Himachal Fibres, ICICI General Insurance, IIFL, IndusInd Bank, LTI Mindtree, OFSS, …

Bajaj Auto Q2 Results Preview: Net profit may rise 13%; revenue seen up 5% YoY
1 year, 2 months ago

Bajaj Auto Q2 Results Preview: Net profit may rise 13%; revenue seen up 5% YoY

Live Mint  

Bajaj Auto, the two and three-wheeler manufacturer, will announce its financial results for the second quarter of FY24 on Wednesday, 18 October 2023. For Bajaj Auto, net profit in Q2FY24 is expected to rise 13.6% to ₹1,738 crore from ₹1,530 crore in the same quarter last year, as per average estimates of analysts. Analysts expect earnings before interest, tax, depreciation …

Bajaj Auto’s subsidiary gets RBI registration for NBFC business
1 year, 3 months ago

Bajaj Auto’s subsidiary gets RBI registration for NBFC business

Live Mint  

Bajaj Auto's subsidiary, Bajaj Auto Consumer Finance, has received the Certificate of Registration from the Reserve Bank of India to start the business of the non-banking finance company, the company informed the stock exchanges in its filing on September 1, according to MoneyControl reports. In the exchange filing, Bajaj Auto said, “We would like to inform you that Bajaj Auto …

Bajaj Finance shares gain as Nomura sees 22% upside
1 year, 3 months ago

Bajaj Finance shares gain as Nomura sees 22% upside

Live Mint  

Bajaj Finance share price gained 2% in the early trade on Friday after global brokerage firm Nomura initiated coverage on the stock with a ‘Buy’ rating. Nomura has set a target of ₹8,700 for Bajaj Finance shares, which implies an upside of nearly 22% from Thursday’s closing price. The brokerage house believes that the exit of Housing Finance Development Corporation …

Bajaj Consumer Care shares hit 52-week high after Q1 results; PAT up 36.3% on yr
1 year, 4 months ago

Bajaj Consumer Care shares hit 52-week high after Q1 results; PAT up 36.3% on yr

Live Mint  

Bajaj Consumer Care Ltd on Wednesday reported an 36.3% year-on-year rise in its consolidated net profit for the fiscal's first quarter ended June to ₹46.2 crore. Bajaj Consumer stock hit new 52-week high following Q1 results. The company's consolidated total revenue from operations rose 8.34% on year to ₹270.2 crores during the quarter ended June from ₹249.4 crore in Q1FY23. …

Bajaj Hindusthan Sugar Q1: Net loss widens 65% YoY to ₹74.34 crore
1 year, 4 months ago

Bajaj Hindusthan Sugar Q1: Net loss widens 65% YoY to ₹74.34 crore

Live Mint  

Bajaj Hindusthan Sugar Limited released its Q1 results on Monday and reported a 65% year-on-year jump in its consolidated net loss. Notably, Bajaj Hindusthan Sugar Limited reported a net consolidated profit of ₹130.9 crore during Q4FY24. Segment-wise results Segment wise the sugar sector of the company reported a loss of ₹25.3 crore to ₹33.4 crore and the revenue of the …

Bajaj Finance share price rises over 2% after Q1 results; should you buy it?
1 year, 4 months ago

Bajaj Finance share price rises over 2% after Q1 results; should you buy it?

Live Mint  

Shares of Bajaj Finance climbed over 2 per cent in early deals on BSE on Thursday a day after the company reported its June quarter scorecard. Brokerage firm Motilal Oswal Financial Services maintained a buy call on Bajaj Finance stock with a target price of ₹8,800, implying an 18 per cent upside. "Bajaj Finance’s Q1FY24 reported PAT jumped 32 per …

Bajaj Auto Q1 Results: Net profit rises 42% on year to ₹1,664.77 crore
1 year, 4 months ago

Bajaj Auto Q1 Results: Net profit rises 42% on year to ₹1,664.77 crore

Live Mint  

Bajaj Auto Ltd on Tuesday reported an 42% year-on-year rise in its net profit for the fiscal's first quarter ended June to ₹1,664.77 crore. The company's total revenue from operations rose nearly 29% on year to ₹10,309.77 crores during the quarter ended June from ₹8,004.97 crore in Q1FY23. All businesses contributing to the solid delivery - robust double digit motorcycle …

Bajaj Finance Q1FY24 Update: Loan book up 34%, AUM up 32% to ₹2.7 lakh crore
1 year, 5 months ago

Bajaj Finance Q1FY24 Update: Loan book up 34%, AUM up 32% to ₹2.7 lakh crore

Live Mint  

Bajaj Finance's loan book grew 34 per cent to 9.9 MM in the April-June quarter of the current fiscal, compared to 7.2 MM in the corresponding period last year. The company recorded highest ever quarterly increase in its customer franchise of 3.84 MM in Q1 FY24, said Bajaj Finance in a regulatory filing to the stock exchanges on July 3. …

Bajaj Finance target price raised by Jefferies, 18% upside expected
1 year, 6 months ago

Bajaj Finance target price raised by Jefferies, 18% upside expected

Live Mint  

Bajaj Finance, the non-banking finance company, has received a boost from global research house Jeffries. Jefferies has raised its target price on Bajaj Finance citing its strong loan book growth, robust new customer acquisition and stable margins and asset quality. Jefferies highlighted a presentation made by Bajaj Finance CEO Rajeev Jain who spoke about the company’s strong presence in consumer …

Bajaj Finserv Q4 results: Consolidated profit jumps 31.4%
1 year, 7 months ago

Bajaj Finserv Q4 results: Consolidated profit jumps 31.4%

Live Mint  

NBFC-major Bajaj Finserv posted a 31.4% growth in consolidated net profit to ₹1,769 crore for the fourth quarter of FY23 compared to a profit of ₹1,346 crore in the same quarter a year ago. Here's how Bajaj Finserv's companies have performed in Q4FY23: Bajaj Finance Ltd In comparison to Q4 FY22, the company's overall revenue climbed by 32% to ₹11,363 …

Bajaj Finance Q4 net rises 30% on stronger interest income
1 year, 7 months ago

Bajaj Finance Q4 net rises 30% on stronger interest income

Live Mint  

Consumer financier Bajaj Finance Ltd on Wednesday reported a 30% year-on-year rise in consolidated net profit to ₹3,158 crore for the three months to March, owing to higher net interest income. In Q4 FY23, Bajaj Finance said it recorded highest-ever quarterly growth in assets under management of ₹16,537 crore. In Q4, Bajaj Finance said it added 3.09 million new customers …

Bajaj Auto Reports Marginal Rise in Q4 Profit
1 year, 7 months ago

Bajaj Auto Reports Marginal Rise in Q4 Profit

News 18  

Bajaj Auto Ltd on Tuesday reported a marginal rise in standalone Profit After Tax at Rs 1,468.95 crore for the three months to March 2023. At the same time, EBITDA maintained its strong run, growing 26 per cent year-on-year to Rs 1,718 crore, with margin accretion of 220 basis points to 19.3 per cent, Bajaj Auto said. While exports progressively …

Bajaj Auto reports 2.5% drop in Q4 PAT to ₹1,433 cr on lower sales
1 year, 7 months ago

Bajaj Auto reports 2.5% drop in Q4 PAT to ₹1,433 cr on lower sales

Live Mint  

Two-wheelers and commercial vehicles maker, Bajaj Auto despite witnessing a single-digit drop in PAT due to lower sales, beats Street's estimates for the quarter ending March 31, 2023. From December 2022 quarter where PAT stood much higher at ₹1,491 crore, Bajaj Auto's net profit dipped by nearly 4% in Q4FY23. In its financial report, Bajaj Auto said, domestic motorcycle sales …

Bajaj Auto Q4 results: Profit takes hit, Rs 140/share dividend declared
1 year, 7 months ago

Bajaj Auto Q4 results: Profit takes hit, Rs 140/share dividend declared

India Today  

Bajaj Auto today reported a decline of 2% year-on-year in standalone net profit at Rs 1,433 crore for the quarter ended March 2023 as the overall volumes were dragged down by a slip in exports. Standalone particulars Q4 FY23 Q4 FY22 Growth Revenue from operations Rs 8,905 cr Rs 7,975 cr 12% Ebitda Rs 1,718 cr Rs 1,366 cr 26% …

Bajaj Auto likely to post muted performance in Q4 as total volumes decline
1 year, 7 months ago

Bajaj Auto likely to post muted performance in Q4 as total volumes decline

Live Mint  

Two-wheeler and three-wheeler maker Bajaj Auto is likely to report muted performance in the fourth quarter ended as the total volumes declined along with weakness in exports. Bajaj Auto has seen its volumes decline by 12.8 per cent sequentially at 8.6 lakh units during the March quarter, mainly on account of lower exports. “BAL is expected to report a muted …

Bajaj Auto Q4 preview: Decline in volumes may lead to muted performance
1 year, 8 months ago

Bajaj Auto Q4 preview: Decline in volumes may lead to muted performance

Live Mint  

Two-wheeler giant Bajaj Auto will be in focus this week as the company prepares to deliver its fourth quarter numbers for FY23. Experts believe a decline in total volumes may take a toll on Bajaj Auto's Q4 earnings. Emkay Global in its preview note for Bajaj Auto said, "Revenue to grow YoY, despite a decline in volumes, owing to increase …

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