Earnings: Bajaj Finance Q3 profit rises 33 percent

Bajaj Finance Ltd today reported a 33 percent rise in its standalone net profit at Rs 258.38 crore for the third quarter ended 31 December, 2014.

hidden January 14, 2015 17:21:27 IST
Earnings: Bajaj Finance Q3 profit rises 33 percent

New Delhi: Bajaj Finance Ltd today reported a 33 percent rise in its standalone net profit at Rs 258.38 crore for the third quarter ended 31 December, 2014.

Earnings Bajaj Finance Q3 profit rises 33 percent

Reuters

The company had posted a net profit of Rs 194.14 crore in the corresponding quarter of 2013-14.

"Total income has increased from Rs 1,081.5 crore for the quarter ended December 31, 2013, to Rs 1,485.39 crore for the quarter ended 31 December, 2014," it said in a filing to the BSE.

Company's income from operations rose to Rs 1,416.43 crore, from Rs 1,027.02 crore a year ago.

Bajaj Finance, which is promoted by Bajaj Finserv Ltd, is primarily in the business of financing.

Shares of the company ended the day 8.18 percent higher at Rs 3,765.75 per piece on the BSE.

PTI

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