Bajaj Finserv posts 17% PAT growth to Rs 7 bn, continues to lead NBFC pack

Bajaj Finserv continues to lead the charge amongst non-bank finance companies as one of the largest and fastest growing lenders, especially in the retail space. The financial conglomerate has posted a profit-after-tax (PAT) growth of 17 per cent, year on year, to Rs 7 billion at the end of the second-quarter of FY2019 as compared to Rs 6.98 billion in net profit during the corresponding quarter of the previous financial year.

Consolidated income for the financial company rose by 17 per cent from Rs 82.66 billion in Q2 FY2018 to Rs 96.98 billion at the end of Q2 FY2019.

Bajaj