Bajaj Finance Q4 consolidated net profit jumps 42% to Rs 1,3

Bajaj Finance Q4 consolidated net profit jumps 42% to Rs 1,347 cr


Bajaj Finance (BFL) on Tuesday reported a 42 per cent jump in consolidated net profit at Rs 1,347 crore for the fourth quarter of the fiscal ended March 2021.
The company's net profit stood at Rs 948 crore in the January-March period of the preceding fiscal year 2019-20.
The consolidated figures of BFL include results of wholly-owned subsidiaries Bajaj Housing Finance Ltd (BHFL) and Bajaj Financial Securities Ltd (BFinsec).
The new loans booked during Q4 FY21 fell to 54.7 lakh (5.47 million) as against 60.3 lakh (6.03 million) in the same quarter a year ago, Bajaj Finance said in a regulatory filing.
Net interest income during the quarter also dipped 1 per cent to Rs 4,659 crore from Rs 4,684 crore in Q4 FY20, it said.

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