In Q3FY23, Bajaj Finance s new loans booked were the highest ever at 7.84 million. Customer franchise witnessed the highest-ever quarterly increase of 3.14 million in Q3 taking the total to 66.05 million as of December 31, 2022.
Bajaj Finance has made a decent correction from Rs 7,750 to Rs 6,387 levels and has made a trend reversal with Morning Star pattern on the daily chart, indicating an improvement in the bias
Bajaj Finance s net interest income (NII) for Q4 FY21 was Rs 4,659 crore.
Shares of the Pune-based non-banking finance company - Bajaj Finance - rose as much as 3.51 per cent to hit an intraday high of Rs 5,036 on the National Stock Exchange a day after it reported March quarter earnings. Bajaj Finance s net profit in January-March quarter came in at Rs 1,346.64 crore, that marked an increase of 42 per cent from profit of Rs 948 crore during the same quarter last year. For financial year 2020-21, Bajaj Finance s net profit came in at Rs 4,420 crore.
Bajaj Finance s total revenue from operations declined 5 per cent to Rs 6,850.62 crore on account of fees and commission income.