Bajaj Finance net rises 30% to Rs 1,161 cr in January-March quarter

The company had posted a net profit of Rs 892 crore in the corresponding quarter last year

Bajaj Finance posted a 30 per cent rise in net profit at Rs 1,161 crore in the fourth quarter of financial year 2020-21 (Q4FY21). It had posted a net profit of Rs 892 crore in the corresponding quarter last year (Q4FY20). Its net profit for FY21 declined to Rs 3,956 crore from Rs 4,881 crore in FY20.
 
The board has recommended a dividend of Rs 10 per share (500 per cent) of the face value of Rs 2 each on equity shares for FY21, the company said in a filing to BSE. Rahul Bajaj, non-executive director of the company,