Bajaj Finance’s Q1 standalone net profit up 42%

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Mumbai, July 19 (IANS) Bajaj Finance on Wednesday reported a surge of 41.98 per cent in its standalone net profit after tax (PAT) to Rs 602 crore for the first quarter (Q1) of the 2017-18.

On a standalone basis, the company’s net PAT for Q1 stood at Rs 602 crore as compared to Rs 424 crore reported during the corresponding quarter of last fiscal.

During the quarter under review, the company’s total income stood at Rs 3,165 crore — up 39 per cent — up from Rs 2,282 crore reported during the same period of 2016-17.

–IANS

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