Bajaj Finance Q1 results: Cons. PAT grows 14% YoY; AUM jumps 31%

Category: Finance

Bajaj Finance reported a consolidated net profit of Rs 3,912 crore for Q1 FY25, marking a 16.4% year-on-year growth. The company saw a 10% increase in new loans booked, with a customer base growing to 88.11 million. Net interest income rose by 25% to Rs 8,365 crore, while net NPA increased to 0.38%. The company maintains a strong capital adequacy ratio of 21.65% and holds the highest credit ratings from major agencies.

Keywords: Bajaj Finance, Q1 earnings, net profit

Source: Zee Business

Update At: 7/24/2024

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