Bajaj Finance Q1 Results : Profit rise by 13.82% YOY
Bajaj Finance reported its Q1 results on July 23, 2024, showing a 27.98% increase in revenue and a 13.82% rise in profit year-over-year (YoY). Compared to the previous quarter, revenue grew by 7.73% and profit increased by 2.29%. Selling, general, and administrative expenses rose by 7.58% quarter-over-quarter (QoQ) and 18.55% YoY. Operating income was up by 2.75% QoQ and 13.42% YoY. The earnings per share (EPS) for Q1 was ₹83.3, marking a 20.77% YoY increase. However, the company experienced declines with -6.4% return over the past week, -6.35% over the last six months, and -9.83% year-to-date (YTD). Bajaj Finance currently has a market capitalization of ₹408,645.3 crore, with a 52-week high of ₹8,192 and a low of ₹6,187.8.
For more information, please read full article.
