Bajaj finance q2 results 2021 date

Bajaj Finance shares underperformance enters fifth month; will retail investors hold on to it? Bajaj Finance Q3 Net Profit seen up Bajaj Finance Q3 net profit seen up

Bajaj Finserv on Thursday posted a 14 per cent year-on-year YoY jump in its consolidated net profit at Rs 1, The non-bank lender logged a The revival in business gathered momentum after the disruption caused the second wave of the COVID pandemic on the back of reopening of the economy in many states, policy support and rapid pace of vaccinations. The non-bank lender further stated that the business has now moved focus to growth and continues to be "cautiously optimistic" about its outlook for the rest of the current financial year. Meanwhile, Bajaj Finserv's subsidiary Bajaj Allianz General Insurance posted a 28 per cent on-year increase in net profit to Rs crore in the September quarter. Bajaj Allianz Life Insurance also logged a strong quarter of earnings as new business premium jumped 62 per cent YoY to Rs 2, crore in the reported quarter. Renewal premium in the quarter also climbed 22 per cent, while gross written premium was up 42 per cent.

Bajaj finance q2 results 2021 date

Bajaj Finance's net profit rose Analysts had expected the NBFC to report stable asset quality and strong loan growth. The company's net interest income NII also increased by The company added 4, employees in Q2FY The annualized attrition in H1 FY24 was Risk metrics across all businesses were stable except rural B2C business. The Company has provisioning coverage ratio of 66 per cent on stage 3 assets as of September 30, As per the investor presentation of the company, the cost of funds of Bajaj Finance was 7. The cost of funds of subsidiary Bajaj Housing Finance also increased 3 bps on a quarterly basis in July-September. Bajaj Finance's asset quality improved in the September quarter. The gross non-performing assets NPA declined to 0. Bajaj Finance announced that it has entered into a binding term sheet with Pennant Technologies to acquire up to a 26 per cent stake. The company's gross non-performing asset ratio deteriorated to 0. Loan demand during the quarter stayed strong despite the Reserve Bank of India RBI keeping its key lending rate steady for a fourth consecutive policy meeting.

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Company's annual revenue growth of Source: Consolidated Financials. Average price gain of 3. Stock gave a 3 year return of Bajaj Finance Ltd. Sensex sinks points on broad-based selling, Nifty near 22,

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Bajaj finance q2 results 2021 date

We need not pat our backs because we have done something good for our customers. We have simply tried to meet their needs satisfactorily, efficiently. In our thirty-five years of journey, we have transformed our operations by building a diversified product portfolio, establishing a strong geographic presence, and serving a large customer base. For long the Chairman and more recently the Chairman Emeritus of your Company, my father, was a unique and very special person. Everyone who worked with him knew of his pinpointed focus on details. Your Company displayed significant resilience in dealing with various external shocks in recent years — be it the three successive COVID waves, macroeconomic slowdown that pre-dated COVID or the fundamental changes in the industry that we belong to. It operates through more than , distribution points across India. The Company acquired over 9 million new customers in FY takings its existing customer franchise to He embodied the concept of trusteeship in business and common good, and laid the foundation for ethical, value-based and transparent functioning. He was instrumental in developing the complete credit underwriting and risk management philosophy for the Loan against Securities business at the time of launch and in creating a roadmap in line with the organizational strategic intent.

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Internet Not Available. Wait for it… Log in to our website to save your bookmarks. Dhani Ibull Ventures Stock Performance. Yes, Continue. Corporate actions. Analysts had expected the NBFC to report stable asset quality and strong loan growth. Portfolio Watchlist. Check out other stock recos. Cons Stock is trading at 6. Insights Stock Returns vs Nifty Stock gave a 3 year return of Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. Subscribe to continue This is a subscriber only feature Subscribe Now to get daily updates on WhatsApp. Your Message. PE Ratio. Live Stream!

Bajaj Finance's net profit rose Analysts had expected the NBFC to report stable asset quality and strong loan growth. The company's net interest income NII also increased by

Crypto Prices. Markets Data. Quarterly Results of Bajaj Finance in Rs. BSE Company has reported net profit after tax of Rs 3, Expert Views. Bajaj Finance Q3 net profit seen up Naushad Forbes, Mr. Contact investor. Clear all. Market Classroom.