The company had registered net profit (profit after tax) of Rs 167 crore in the same period a year ago.
Total income of the company rose 29% during July-September quarter to Rs 1,242 crore from Rs 964 crore a year ago, it said in a filing to the BSE.
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"The company continues to provide for loan losses in excess of RBI requirements. The portfolio remained healthy," it said.
Bajaj Finance scrips were trading 2.45% up at Rs 2,748.85 per share during afternoon session on the BSE.
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