The total consolidated income during the fourth quarter of FY24 increased to Rs 32,042 crore, as against Rs 23,625 crore in the year-ago period, BFL, the holding company for the various financial services businesses under the Bajaj group, said in a regulatory filing.
Bajaj Finserv share price: On Tuesday, Bajaj Finserv's stock settled with 1.30 per cent gains at Rs 1,560.50 over its previous close of Rs 1,540.45. On a year-to-date (YTD) basis, the scrip has remained almost flat, trading just 0.52 per cent higher. It has slipped 8.29 per cent in the past one year.
Bajaj Finserv Q4 Results: Profit jumps over 4-fold to Rs 979 crore
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Last Updated: Apr 28, 2021, 05:59 PM IST
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Synopsis
Bajaj Finserv s total consolidated income during the March 2021 quarter increased to Rs 15,387 crore as against Rs 13,294 crore in the corresponding period of the previous financial year.
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The board of Bajaj Finserv has recommended a dividend of 3 per share or 60 per cent on the face value of Rs 5 per unit.
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NEW DELHI:
Bajaj Finserv Ltd (BFL) on Wednesday reported over four-fold jump in its consolidated net profit to Rs 979 crore for the fourth quarter ended in March 2021, driven by its insurance business. The company had posted a net profit of Rs 194 crore during the corresponding January-March period of 2019-20.