Bajaj Finance Q3 Results: Net profit rises 17% to ₹3,706 crore; NII up 25% YoY | Stock Market News
Source: Live Mint
Bajaj Finance Q3 Results: Bajaj Finance Limited announced its October to December quarter results on Wednesday, January 29. The non-banking financial company (NBFC) recorded a nearly 17 per cent rise in net profit for the third quarter of the financial year 2024-25 at ₹3,706 crore, compared to ₹3,177 crore in the same quarter a year ago, as per the standalone financial statements.
The non-banking lender’s net-interest income (NII) rose 25 per cent to ₹13,277.33 crore in the third quarter of the current fiscal, compared to ₹10,591 in the same period in the previous financial year.
Bajaj Finance Share Price
Bajaj Finance Ltd shares closed 2.02 per cent higher at ₹7,758.10 after Wednesday’s market session, compared to ₹7,604.70 at the previous market close. The non-banking lender released its third-quarter results after market operating hours on January 29.
Shares hit their 52-week higher levels at ₹7,823.85 on September 30, 2024, while the 52-week low level was at ₹6,190 on March 6, 2024, according to data collected from the BSE website.
