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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