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BAJFINANCE - Bajaj Finance News Story

₹3331.1 -88.6  -2.6%

Last Trade - 11:29am

Sector
Financials
Size
Large Cap
Market Cap £21.06bn
Enterprise Value £32.04bn
Revenue £2.79bn
Position in Universe 11th / 2999

BRIEF-India's Bajaj Finance Dec Quarter Net Profit After Tax Rises

Wed 29th January, 2020 8:09am
Jan 29 (Reuters) - Bajaj Finance Ltd  BJFN.NS :
    * DEC QUARTER NET PROFIT AFTER TAX 14.88 BILLION RUPEES
VERSUS
PROFIT OF 10.23 BILLION RUPEES LAST YEAR
    * DEC QUARTER INTEREST INCOME 54.87 BILLION RUPEES VERSUS
40.89
BILLION RUPEES LAST YEAR
    * ASSETS UNDER MANAGEMENT AS OF DEC 31 GREW 35% Y/Y TO 1.45
TRLN
RUPEES
    * CONSENSUS FORECAST FOR DEC QUARTER PROFIT WAS 16.37
BILLION
RUPEES - REFINITIV DATA
    * BAJAJ FINANCE LTD SAYS APPROVED RAISING OF FUNDS  BY ISSUE
OF
NCDS; APPROVED RAISING BORROWING LIMIT TO 1.6 TRLN RUPEES
    * BAJAJ FINANCE LTD -BOARD APPROVED INVESTMENT IN THE EQUITY
SHARE
CAPITAL OF BAJAJ HOUSING FINANCE LIMITED, AMOUNTING TO 15
BILLION RUPEES

Source text : http://bit.ly/2U7y54L
Further company coverage:  BJFN.NS 

 ((Reuters.Briefs@thomsonreuters.com;))
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