Bajaj Finance posts 81% rise in Q1 net at Rs 836 cr
Bajaj Finance today reported a 81 per cent year-on-year jump in consolidated net profit to Rs 836 crore in the June quarter, helped by better operating expenses and increase in fee income.
The company had posted a net profit of Rs 461 crore in the same quarter last year.
Rajeev Jain, managing director, Bajaj Finance, said, "The main driver (for increase in profit) was lower operating expenses and strong fee income."
Disclaimer: No Business Standard Journalist was involved in creation of this content