Bajaj Finserv reports 18% fall in Q2 consolidated net profit
22nd Oct 2020

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

The company has reported 99.81% fall in its net profit of Rs 0.64 crore for the quarter under review as against net profit of Rs 345.03 crore for the same quarter in the previous year. Total income of the company decreased by 89.87% at Rs 39.63 crore for Q2FY21 as compared Rs 391.02 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported 18.06% fall in its net profit attributable to owners at Rs 986.29 crore for the quarter under review as against net profit of Rs 1203.72 crore for the same quarter in the previous year. However, total income of the company increased by 5.82% at Rs 15051.59 crore for Q2FY21 as compared Rs 14224.22 crore for the corresponding quarter previous year.