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Bajaj Finance’s net profit up 43%

Posted By: Doraiah Vundavally May 17, 2017

Bajaj Finance's net profit up 43%Mumbai, May 17 (IANS) Bajaj Finance on Wednesday reported a surge of 42.57 per cent in its net profit after tax (PAT) to Rs 449.15 crore for the fourth quarter (Q4) of the 2016-17 fiscal ended March 31.

On a standalone basis, the company's net PAT for Q4 stood at Rs 449.15 crore as compared to Rs 315.04 crore reported during the corresponding quarter of last fiscal.

During the quarter under review, the company's total income from operations stood at Rs 2,665.02 crore -- up 39 per cent -- up from Rs 1,916.23 crore reported during the same period of 2015-16.

 

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

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Bajaj Finance's net profit up 43%

About VDC

Doraiah Chowdary Vundavally is a Software engineer at VTech . He is the news editor of SocialNews.XYZ and Freelance writer-contributes Telugu and English Columns on Films, Politics, and Gossips. He is the primary contributor for South Cinema Section of SocialNews.XYZ. His mission is to help to develop SocialNews.XYZ into a News website that has no bias or judgement towards any.