Bajaj Finance net profit jumps 40% in Q3 to Rs 2,973 crore; AUM up 27%

Bajaj Finance Q3 result: The new loans booked during the quarter were highest ever at 7.84 million

Bajaj Finance reported its highest ever consolidated profit after tax of Rs 2,973 crore in the third quarter of the current fiscal year (Q3FY23). It is 40 per cent higher than the profit of Rs 2,125 crore in the same quarter last year (Q3FY2). The asset under management (AUM) of the company was up 27 per cent to Rs 2.30 trillion as compared to Rs 1.81 trillion last year. 

The new loans booked during the quarter were highest ever at 7.84 million. The profit before tax also rose 40 per cent to Rs 4,012 crore from Rs 2,868 crore in