India's Bajaj Finance reports in-line profit on lower provisions
BENGALURU, April 29 (Reuters) - India's Bajaj Finance BJFN.NS posted a 22% rise in fourth-quarter profit on Wednesday, helped by lower bad loan provisions. The non-banking financial company's consolidated net profit rose to 54.65 billion rupees for the quarter ended March 31, compared to analysts' estimate of 54.9 billion rupees, per data compiled by LSEG. (Reporting by Pranav Kashyap and Nishit Navin in Bengaluru) ((Nishit.Navin@thomsonreuters.com;))
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