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Bajaj Finserv consolidated net profit declines 76.82% in the March 2020 quarter

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Sales rise 2.31% to Rs 13294.25 crore

Net profit of Bajaj Finserv declined 76.82% to Rs 194.43 crore in the quarter ended March 2020 as against Rs 838.74 crore during the previous quarter ended March 2019. Sales rose 2.31% to Rs 13294.25 crore in the quarter ended March 2020 as against Rs 12994.14 crore during the previous quarter ended March 2019.

For the full year,net profit rose 4.66% to Rs 3369.13 crore in the year ended March 2020 as against Rs 3219.04 crore during the previous year ended March 2019. Sales rose 27.56% to Rs 54346.69 crore in the year ended March 2020 as against Rs 42604.00 crore during the previous year ended March 2019.

ParticularsQuarter EndedYear EndedMar. 2020Mar. 2019% Var.Mar. 2020Mar. 2019% Var.Sales13294.2512994.14 2 54346.6942604.00 28 OPM %26.1131.43 -33.2935.02 - PBDT919.992201.24 -58 8758.458380.83 5 PBT792.902130.07 -63 8301.668154.74 2 NP194.43838.74 -77 3369.133219.04 5

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

First Published: Thu, May 21 2020. 14:00 IST
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