Latest News | Bajaj Finance Shares Climb over 2 Pc After June Quarter Earnings
Get latest articles and stories on Latest News at LatestLY. Shares of Bajaj Finance on Wednesday went up by over 2 per cent after the company reported its highest-ever consolidated quarterly net profit at Rs 2,596 crore for the June quarter.
New Delhi, Jul 27 (PTI) Shares of Bajaj Finance on Wednesday went up by over 2 per cent after the company reported its highest-ever consolidated quarterly net profit at Rs 2,596 crore for the June quarter.
The stock gained 2.14 per cent to settle at Rs 6,393.75 apiece on the BSE. During the day, it climbed 2.71 per cent to Rs 6,429.90.
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On the NSE, it advanced 2.29 per cent to Rs 6,408 apiece.
Bajaj Finance Ltd on Wednesday reported its highest-ever consolidated quarterly net profit at Rs 2,596 crore for the June quarter, helped by robust income due to brisk loan growth.
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The company had reported a net profit of Rs 1,002 crore in the year-ago period.
Total income rose by 38 per cent to Rs 9,283 crore during the June quarter as against Rs 6,743 crore in corresponding quarter last year, Bajaj Finance said in a regulatory filing on Wednesday.
(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)