City
Epaper

Bajaj Finserv Q2 PAT at Rs 754 cr

By IANS | Updated: October 27, 2023 14:10 IST

Chennai, Oct 27 Bajaj Finserv Ltd -- the holding company for the Bajaj group’s financial services companies -- ...

Open in App

Chennai, Oct 27 Bajaj Finserv Ltd -- the holding company for the Bajaj group’s financial services companies -- on Friday said it had logged an after tax profit of Rs 754.34 crore for the quarter ended September 30.

In a regulatory filing, the company said for the second quarter that ended September 30, it has earned a total income of Rs 1,019.07 crore (Q2FY23 Rs 689.42 crore) and a net profit of Rs 754.34 crore (Rs 485.08 crore).

During the period under review, Bajaj Finserv has booked a dividend income of Rs 953.45 crore up from Rs 635.64 crore booked during the previous year corresponding period.

The company is the holding company for Bajaj Finance Ltd, Bajaj Allianz General Insurance Company Ltd, Bajaj Allianz Life Insurance Company Ltd and others.

Bajaj Finserv’s scrip after opening at Rs 1,570 on Friday touched a high of Rs 1,593.55 and is changing hands for about Rs 1,583.

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Open in App

Related Stories

InternationalPutin proposes direct talks with Kyiv in Istanbul to end Russia-Ukraine war

InternationalUS and China hold 10-hour tariff talks in Geneva, to resume on Sunday

InternationalTrump installs statue depicting 2024 assassination attempt in Oval Office

InternationalRattled Pak Minister denies ceasefire violation after India warns of retaliation

NationalRattled Pak Minister denies ceasefire violation after India warns of retaliation

International Realted Stories

InternationalNew US-born Pope Leo XIV vows to uphold Pope Francis' legacy, flags AI as major challenge to human dignity

InternationalDelhi airport issues fresh passenger advisory amid India-Pak tensions

InternationalPak PM Shehbaz Sharif addresses nation after ceasefire agreement amid violation of deal across LoC, IB

InternationalAfter cessation of hostilies, Shehbaz Sharif indulges in chest thumping in address to nation

InternationalGuterres calls India, Pakistan ceasefire agreement 'positive step' towards lasting peace