Bajaj Finserv standalone net profit rises 17477.35% in the March 2020 quarter

Sales rise 1010.11% to Rs 343.58 crore

Net profit of Bajaj Finserv rose 17477.35% to Rs 318.15 crore in the quarter ended March 2020 as against Rs 1.81 crore during the previous quarter ended March 2019. Sales rose 1010.11% to Rs 343.58 crore in the quarter ended March 2020 as against Rs 30.95 crore during the previous quarter ended March 2019.

For the full year,net profit rose 117.10% to Rs 666.86 crore in the year ended March 2020 as against Rs 307.17 crore during the previous year ended March 2019. Sales rose 84.34% to Rs 779.86 crore in the year ended March 2020 as against Rs 423.05 crore during the previous year ended March 2019.

ParticularsQuarter EndedYear EndedMar. 2020Mar. 2019% Var.Mar. 2020Mar. 2019% Var.Sales343.5830.95 1010 779.86423.05 84 OPM %90.91-12.28 -83.2871.39 - PBDT321.853.90 8153 684.78327.54 109 PBT320.763.46 9171 681.88325.99 109 NP318.151.81 17477 666.86307.17 117

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