Saturday, July 21, 2012

Bajaj Finserv Q1 PAT up 52% to Rs 195.23 cr


Financial services company Bajaj Finserv’s profit after tax grew by 52% year-on-year to Rs 195.23 crore for the quarter ended June 2012.

Gross income of the company increased 12% to Rs 3,252 crore and total income rose by 51% to Rs 927 crore during the same period.

Bajaj Finserv has approved rights issue worth Rs 1000 crore. It holds 60.9% in Bajaj Finance.

Bajaj Finance's total income rose by 56% year-on-year to Rs 701 crore for the quarter ended June 2012 and net interest income grew by 41% to Rs 439 crore.

Profit after tax jumped 53% to Rs 139 crore in the fourth quarter of FY13 from Rs 91 crore in a year ago period.



Source: www.moneycontrol.com

Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd

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