Bajaj Finance reports 36% fall in Q2 consolidated net profit
21st Oct 2020

Bajaj Finance has reported results for second quarter ended September 30, 2020.

The company has reported 36.33% fall in its net profit of Rs 876.58 crore for the quarter under review as against net profit of Rs 1376.67 crore for the same quarter in the previous year. However, total income of the company marginally increased by 1.61% at Rs 5789.82 crore for Q2FY21 as compared Rs 5698.24 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported 35.94% fall in its net profit at Rs 964.88 crore for the quarter under review as against net profit of Rs 1506.29 crore for the same quarter in the previous year. However, total income of the company marginally increased by 3.17% at Rs 6523.29 crore for Q2FY21 as compared Rs 6323.10 crore for the corresponding quarter previous year.