1. Bajaj Finserv reports 23% rise in Q2 net profit to Rs 2,758 crore

Bajaj Finserv reports 23% rise in Q2 net profit to Rs 2,758 crore

Business

  • Bajaj Finserv reported a 23% YoY jump in quarterly net profit to 2,758 crore rupees.
  • Total income grew 17% to reach Rs 43,416 crore, driven by robust financial business expansion.
  • Earnings were boosted by solid lending contributions from Bajaj Finance and growth in life insurance profits.
  • Company shares traded 2% higher following the positive Q2 financial performance announcement on Tuesday.

Source: moneycontrol.com

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