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Bajaj Finance standalone net profit rises 42.57% in the March 2017 quarter

Capital Market 

Sales rise 36.58% to Rs 2460.73 crore

Net profit of Bajaj rose 42.57% to Rs 449.15 crore in the quarter ended March 2017 as against Rs 315.04 crore during the previous quarter ended March 2016. Sales rose 36.58% to Rs 2460.73 crore in the quarter ended March 2017 as against Rs 1801.70 crore during the previous quarter ended March 2016.

For the full year,net profit rose 43.65% to Rs 1836.55 crore in the year ended March 2017 as against Rs 1278.52 crore during the previous year ended March 2016. Sales rose 34.36% to Rs 9272.33 crore in the year ended March 2017 as against Rs 6901.19 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales2460.731801.70 37 9272.336901.19 34 OPM %68.4871.31 -71.8971.12 - PBDT709.41506.13 40 2888.682020.91 43 PBT689.70488.99 41 2817.521964.57 43 NP449.15315.04 43 1836.551278.52 44

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

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