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Bajaj Finance Q2 Results: Bajaj Finance Q2 Results: Cons profit jumps 28% YoY to Rs 3,551 crore, meets estimates - Vimarsana News

Bajaj Finance Q2 Results: Bajaj Finance Q2 Results: Cons profit jumps 28% YoY to Rs 3,551 crore, meets estimates

Bajaj Finance's net interest income for the quarter increased by 26% on year to Rs 8,845 crore and was way above an ETNow poll of Rs 7,130 crore. The assets under management (AUM) grew by 33% to Rs 2.90 lakh crore as of September 30. Operating expenses to net interest income for the quarter was 34.0% against 35.9% a year ago.

Bajaj Finance Q2 FY24 results: Consolidated net profit rises to Rs 3,551 cr, asset quality improves - Vimarsana News

Bajaj Finance Q2 FY24 results: Consolidated net profit rises to Rs 3,551 cr, asset quality improves

Bajaj Finance's gross non-performing assets (NPA) stood at 0.91 per cent and net NPA was at 0.31  per cent as against 1.17 per cent and 0.44 per cent in the year-ago period.