Bajaj Finance Ltd Quarterly Results

Q3 FY24-25 Results Summary

Revenue

The revenue stands at ₹18,035.11 crore, reflecting a quarter-on-quarter *(QoQ) increase of 5.52 per cent from ₹17,091.22 crore. This corresponds to a year-on-year *(YoY) growth of 27.33 per cent.

Operating Profit

Operating Profit stands at ₹6,411.86 crore, reflecting a quarter-on-quarter *(QoQ) increase of 4.14 per cent from ₹6,156.96 crore. This corresponds to a year-on-year *(YoY) growth of 31.58 per cent.

PBDT

PBDT stands at ₹1,676.36 crore, reflecting a quarter-on-quarter *(QoQ) increase of 4.92 per cent from ₹1,597.78 crore. This corresponds to a year-on-year *(YoY) growth of 17.04 per cent.

Profit Before Tax

Profit Before Tax stands at ₹5,765.42 crore, reflecting a quarter-on-quarter *(QoQ) increase of 6.74 per cent from ₹5,401.48 crore. This corresponds to a year-on-year *(YoY) growth of 17.77 per cent.

Net Profit

Net Profit stands at ₹4,246.54 crore, reflecting a quarter-on-quarter *(QoQ) increase of 6.17 per cent from ₹3,999.73 crore. This represents a 16.70 per cent year-on-year *(YoY) growth for the same year.

  • YoY compares a quarter to the same period last year, and QoQ compares it to the previous quarter.

Bajaj Finance Ltd Earnings

CategoryQ3 FY24-25Q3 FY23-24Change %FY24-25FY23-24Change %
Total Revenue18,035.1114,163.6027.3354,971.5541,410.1632.75
Expenses3,647.832,980.9922.3716,272.5712,846.8026.67
Other Income26.235.02422.5118.609.7790.38
Operating Profit6,411.864,873.0331.5838,717.5828,573.1335.50
Depreciation219.13175.7524.68683.32485.3840.78
Interest6,385.634,868.0131.1818,724.6912,559.8949.08
Profit Before Tax5,765.424,895.5217.7719,309.5715,527.8624.35
Tax1,457.231,256.5715.974,957.723,998.1824.00
Net Profit4,246.543,638.9516.7014,451.1711,507.6925.58
CategoryQ3 FY24-25Q2 FY24-25Change %
Total Revenue18,035.1117,091.225.52
Expenses3,647.833,428.946.38
Other Income26.237.64243.32
Operating Profit6,411.866,156.964.14
Depreciation219.13210.044.33
Interest6,385.636,149.323.84
Profit Before Tax5,765.425,401.486.74
Tax1,457.231,387.745.01
Net Profit4,246.543,999.736.17

Bajaj Finance Ltd Research Reports

ActionTarget Price (₹)BrokerDateReports
Accumulate 8,892Elara Capital30-Jan-2025
Buy 8,810Anand Rathi30-Jan-2025
Buy 7,905Anand Rathi12-Dec-2024
Buy 8,500ICICI Securities12-Dec-2024
Neutral 7,500Motilal Oswal11-Dec-2024

Bajaj Finance Ltd Financial Reports

Financial Statement

Q1 Q2 Q3 Q4

Result Press Release

Q1 Q2 Q3 Q4

Result Presentation

Q1 Q2 Q3 Q4

Bajaj Finance Ltd Stock Prices Compare with Peers

Company1 Day1 Week1 Month3 Months6 Month1 Year
Bajaj Finance-1.60%---1.75%17.26%
Bajaj Finserv-1.05%----1.08%-0.35%
I R F C7.20%----0.54%-29.83%
Jio Financial12.22%---4.18%-35.80%

Bajaj Finance Ltd Corporate Information

Director: Madhur Bajaj
Director: Rajiv Bajaj
Chairman (Non-Executive): Sanjiv Bajaj
Independent Director: D J Balaji Rao
Managing Director: Rajeev Jain
Company Secretary: Vijay R
Independent Director: Naushad Forbes
Independent Director: Anami Roy
Independent Director: Pramit Jhaveri
Independent Director: Radhika Haribhakti

Registered Office: Mumbai-Pune Road, Akurdi,Pune,Maharashtra-411035 Ph: 91-20-30405060/71576403

Email:investor.service@bajajfinserv.in

URL:http://www.bajajfinservlending.in

Bajaj Finance Ltd News

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Updated On: 05 Jan 2023 | 9:50 AM IST

Post impressive Q2 results: SBI, Coal India look set for up to 21% rally

Coal India, SBI and Adani Enterprises continue to trade with a robust bullishness, while TVS Motor and Bajaj Finance seem to be struggling to hold their ground, technical charts show.

Updated On: 08 Dec 2022 | 11:48 AM IST

Chris Wood rejigs India portfolio; adds Macrotech Developers, Adani Ports

In terms of sectors, Wood remains bullish on the real estate sector and suggests the Indian realty market to be one of Asia's hottest investment bets, besides Singapore

Updated On: 02 Dec 2022 | 11:06 AM IST

Mehul Kothari recommends to buy Bajaj Finance, Redington; Check Why

The technical analyst from Anand Rathi has reiterated the Buy call on Redington (India) with a higher price target of Rs 210; Also, expects Bajaj Finance to rally to Rs 7,060.

Updated On: 25 Nov 2022 | 8:23 AM IST

Q2 impact: Upside of up to 14% on cards for ITC, Axis Bank, Dixon Tech

Among prominent stocks, ITC, Dixon Technologies, Axis Bank and Bajaj Finance seem poised to rally up to 14 per cent; whereas Asian Paints is seen testing the crucial 200-DMA level at Rs 3,131.

Updated On: 21 Oct 2022 | 12:37 PM IST

Bajaj Finance Q2 results: Net profit jumps 88% to Rs 2,781 crore

The company booked 6.76 million loans in Q2FY23, up 7 per cent YoY compared to 6.33 million loans booked in the year-ago period

Updated On: 20 Oct 2022 | 7:07 PM IST

Bajaj Finance beats estimates as Q2 net profit surges 88% to Rs 2,781 cr

The gross non-performing asset ratio, a measure of asset quality, eased to 1.17% at the end of September from 2.45% a year earlier

Updated On: 20 Oct 2022 | 4:56 PM IST
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