Chennai, Jan 29 (SocialNews.XYZ) Non-banking finance company (NBFC) Bajaj Finance Ltd closed the third quarter with an after tax profit of Rs 3,177.39 crore.
In a regulatory filing on Monday, Bajaj Finance said for the quarter ended December 31, 2023, it had earned a total interest income of Rs 10,590.71 crore (against Q3FY23's Rs 7,802.19 crore) and a net profit of Rs 3,177.39 crore (Rs.2,624.22 crore).
The profit went up owing to an over all increase in the company’s revenue including its revenue from fees and commissions that stood at Rs 1,228.10 crore, up from Rs 1,669.17 crore earned during the corresponding period of the previous year.
During the period under review, the interest expended stood at Rs.3,618.32 crore up from Rs.2,455.18 crore spend during the previous year’s corresponding period.
Source: IANS
Gopi Adusumilli is a Programmer. He is the editor of SocialNews.XYZ and President of AGK Fire Inc.
He enjoys designing websites, developing mobile applications and publishing news articles on current events from various authenticated news sources.
When it comes to writing he likes to write about current world politics and Indian Movies. His future plans include developing SocialNews.XYZ into a News website that has no bias or judgment towards any.
He can be reached at gopi@socialnews.xyz
This website uses cookies.
