Bajaj finance q2 results 2021 date
Bajaj Finance is mainly engaged in the business of lending. BFL has a diversified lending portfolio across retail, SME and commercial customers with a significant presence in urban and rural India.
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 Finance Q2 Net Profit seen up Q2 Earnings Review: The bigger they are, the harder they stall?
Bajaj finance q2 results 2021 date
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, That's all for Bajaj Finance recommendations. Check out other stock recos. Stock Returns vs Nifty Financial Services. Stock generated
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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,
Bajaj Finance on October 17 reported a consolidated net profit of Rs 3, crore for the July-September quarter of the current financial year, up 28 percent from the same quarter of the previous year, missing estimates. The company said the number of loans booked during the quarter rose 26 percent, to 8. In the similar period last year, the consolidated NII stood at Rs 7, crore. On a standalone basis too, the NII increased 26 percent to Rs 8, crore, from Rs 6, crore in a year-ago period. NII refers to the difference between the interest earned by the company, and the interest expended. On a consolidated basis, the interest income of Bajaj Finance rose 38 percent to Rs 11, crore, up from Rs 8, crore in the year ago period. As per the investor presentation of the company, its net interest margin NIM shrank 14 basis points bps sequentially. One basis point is a th of a percentage point.
Bajaj finance q2 results 2021 date
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BFL has a diversified lending portfolio across retail, SME and commercial customers with a significant presence in urban and rural India. Bajaj Finance reported 7. Dividend Yield. My Account. Show More Executives Auditors. Mutual Funds. Face Value. The gross non-performing assets NPA declined to 0. 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. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. Rajeev Jain, Mr. Bajaj Finance is mainly engaged in the business of lending. Capitalised -- -- -- -- -- Other Expenses 1,
Bajaj Finance's net profit rose Analysts had expected the NBFC to report stable asset quality and strong loan growth.
Axis said the recent announcement of fundraising despite the company having a healthy tier-I capital of about 23 per cent, hints at the company gearing up to achieve its long-term growth ambitions. Detailed Comparison with:. Anami Roy, Dr. Sanjiv Bajaj, Mr. It also accepts public and corporate deposits and offers variety of financial services products to its customers. View Stock Screeners. Join Our WhatsApp Channel. Customer franchise as of September 30, , stood at 7. Margins and spreads are likely to decline 30 bps and 40 bps QoQ. Intraday fact check In the last 19 years, only 3. Wait for it… Log in to our website to save your bookmarks. Bajaj Finance Q3 Net Profit seen up
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