New Delhi, Oct 20 (PTI) Bajaj Finance on Thursday reported an 88 per cent jump in its consolidated net profit at Rs 2,781 crore for the quarter ended September 2022.

It had posted a net profit of Rs 1,481 crore in the same period of the previous fiscal.

Also Read | IDBI Bank Privatisation: LIC To Recover Its Investment by Time of Sale.

Total income rose by 29 per cent to Rs 9,972 crore during the July-September quarter of 2022-23 from Rs 7,735 crore in same period of 2021-22, Bajaj Finance said in a regulatory filing.

Interest income grew by 27 per cent to Rs 8,509 crore in Q2 FY23.

Also Read | Tata Consumer Products Q2 Profit Rises 36% to Rs 389 Crore; Revenue Up 11% to Rs 3,363 Crore.

Stock of Bajaj Finance closed at Rs 7429.25 apiece on BSE, up by 0.69 per cent.

(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)