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Bajaj Finance standalone net profit rises 36.39% in the March 2016 quarter

Capital Market

Sales rise 34.58% to Rs 1821.15 crore

Net profit of Bajaj Finance rose 36.39% to Rs 315.04 crore in the quarter ended March 2016 as against Rs 230.98 crore during the previous quarter ended March 2015. Sales rose 34.58% to Rs 1821.15 crore in the quarter ended March 2016 as against Rs 1353.19 crore during the previous quarter ended March 2015.

For the full year,net profit rose 42.39% to Rs 1278.52 crore in the year ended March 2016 as against Rs 897.87 crore during the previous year ended March 2015. Sales rose 35.87% to Rs 6956.59 crore in the year ended March 2016 as against Rs 5119.97 crore during the previous year ended March 2015.

 
ParticularsQuarter EndedYear EndedMar. 2016Mar. 2015% Var.Mar. 2016Mar. 2015% Var.Sales1821.151353.19 35 6956.595119.97 36 OPM %69.8170.23 -69.9970.40 - PBDT506.13354.09 43 2020.911392.54 45 PBT488.99344.55 42 1964.571356.94 45 NP315.04230.98 36 1278.52897.87 42

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First Published: May 24 2016 | 2:54 PM IST

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