August 2023 \ Business & Investment \ Business and Governance
Bajaj Finance logs Rs 2,959 crore Q1 profit

Chennai: Non-banking finance company Bajaj Finance Ltd in July said it has logged Rs 2,959.06 crore net profit for the first quarter of FY24. In a regulatory filing, the company said for the period under review it had earned a total income of Rs10,665.69 crore (Q1FY23 Rs 8,146.52 crore) and a net profit of Rs 2,959.06 crore (Rs 2,355.92 crore).

On a consolidated basis the company has logged a net profit of Rs 3,436.89 crore (Rs 2,596.25 crore). According to Bajaj Finance, the assets under management (AUM) as on  June 30 stood at Rs 2,70,097 crore.

 




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