Bajaj Finance reported a net profit of Rs 2,973 crore for the December 2022 quarter.
Bajaj Finance, a non-banking financial services company, has released its December quarter financial results. Bajaj Finance reported a net profit of Rs 2,973 crore for the December 2022 quarter. This is 40 percent higher than the December 2021 quarter. Bajaj Finance posted a net profit of Rs 2,125 crore in the quarter.
Bajaj Finance earned a net interest income of Rs 7,435 crore in the December 2022 quarter. This is 24 percent higher than the December 2021 quarter. Bajaj Finance earned a net interest income of Rs 6,005 crore during the quarter. Bajaj Finance has acquired 31 new customers in the December 2022 quarter. It also disbursed 78 lakh new loans in the quarter.
As of the December 2022 quarter, Bajaj Finance’s assets under management increased by 27 percent to Rs 2.3 lakh crore. At the close of trading on the Mumbai Stock Exchange on Friday, Bajaj Finance shares were trading at Rs 5,756.00, down 0.71 per cent from the previous trading day.
