Bajaj Finance Q2 net up 30% to 167 crore

Total income at Rs 961 cr vs Rs 735 cr

Bajaj Finance today announced its second quarter earnings. The company posted a net profit of Rs 167 crore, up 29.8% from Rs 129 crore posted in the same period last year. 

Total income of the company stood at Rs 961 crore versus Rs 735 crore on year.

Net interest income of the company was reported at Rs 579.6 crore compared to Rs 442 crore posted last year. 

Capital adequacy ratio at 20.9%.

The company also announced the appointment of Sanjiv Bajaj as its non-executive chairman.