😎 Summer Sale Exclusive - Up to 50% off AI-powered stock picks by InvestingProCLAIM SALE

Bajaj Finserv Q2 PAT at Rs 754 cr

Published 27-10-2023, 07:37 pm
Bajaj Finserv Q2 PAT at Rs 754 cr
BJFS
-

Chennai, Oct 27 (IANS) Bajaj Finserv (NS:BJFS) Ltd -- the holding company for the Bajaj group’s financial services companies -- on Friday said it had logged an after tax profit of Rs 754.34 crore for the quarter ended September 30.In a regulatory filing, the company said for the second quarter that ended September 30, it has earned a total income of Rs 1,019.07 crore (Q2FY23 Rs 689.42 crore) and a net profit of Rs 754.34 crore (Rs 485.08 crore).

During the period under review, Bajaj Finserv has booked a dividend income of Rs 953.45 crore up from Rs 635.64 crore booked during the previous year corresponding period.

The company is the holding company for Bajaj Finance (NS:BJFN) Ltd, Bajaj Allianz (ETR:ALVG) General Insurance Company Ltd, Bajaj Allianz Life Insurance Company Ltd and others.

Bajaj Finserv’s scrip after opening at Rs 1,570 on Friday touched a high of Rs 1,593.55 and is changing hands for about Rs 1,583.

--IANS

vj/dpb

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.