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Bajaj Finance consolidated net profit declines 19.38% in the March 2020 quarter

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Sales rise 36.65% to Rs 7190.93 crore

Net profit of Bajaj Finance declined 19.38% to Rs 948.10 crore in the quarter ended March 2020 as against Rs 1176.06 crore during the previous quarter ended March 2019. Sales rose 36.65% to Rs 7190.93 crore in the quarter ended March 2020 as against Rs 5262.44 crore during the previous quarter ended March 2019.

For the full year,net profit rose 31.76% to Rs 5263.75 crore in the year ended March 2020 as against Rs 3994.99 crore during the previous year ended March 2019. Sales rose 42.54% to Rs 26223.10 crore in the year ended March 2020 as against Rs 18397.29 crore during the previous year ended March 2019.

ParticularsQuarter EndedYear EndedMar. 2020Mar. 2019% Var.Mar. 2020Mar. 2019% Var.Sales7190.935262.44 37 26223.1018397.29 43 OPM %54.3371.49 -65.1370.30 - PBDT1363.511852.45 -26 7616.756323.31 20 PBT1278.201811.63 -29 7322.126179.16 18 NP948.101176.06 -19 5263.753994.99 32

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Tue, May 19 2020. 17:11 IST
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