India's Bajaj Finance posts quarterly profit rise on strong loan growth
BENGALURU, Nov 10 (Reuters) - India's Bajaj Finance BJFN.NS posted a 22% quarterly profit rise on Monday, helped by robust loan growth. The non-banking financial company reported a consolidated net profit of 48.76 billion rupees ($554.8 million)for the quarter ended September 30, up from 40 billion rupees a year earlier. ($1 = 87.8950 Indian rupees) (Reporting by Nishit Navin; Editing by Ronojoy Mazumdar) ((Nishit.Navin@thomsonreuters.com;))
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