Picture of Bajaj Housing Finance logo

BAJAJHFL Bajaj Housing Finance News Story

0.000.00%
in flag iconLast trade - 00:00
FinancialsAdventurousLarge CapMomentum Trap

India's Bajaj Housing Finance posts 14% profit rise in Q4

BENGALURU, April 27 (Reuters) - India's Bajaj Housing Finance BAJO.NS reported higher fourth-quarter profit on Monday, helped by steady loan growth and improving asset quality, as the country's biggest non-bank home loan financier by market value closed out its second full fiscal year as a listed company.

The country's biggest non-bank home loan financier by market value reported a 14% rise in fourth-quarter profit to 6.69 billion rupees ($71.03 million) for the three months ended March 31, higher than 5.87 billion in the same quarter last year.

($1 = 94.1900 Indian rupees)

 (Reporting by Pranav Kashyap in Bengaluru; Editing by Rashmi Aich)

 ((pranav.kashyap@tr.com; +919886482111;))

Recent news on Bajaj Housing Finance

See all news