Bajaj Finance surges on reporting 18% rise in Q3 consolidated net profit
Bajaj Finance is currently trading at Rs. 8039.85, up by 281.75 points or 3.63% from its previous closing of Rs. 7758.10 on the BSE.
The scrip opened at Rs. 7850.00 and has touched a high and low of Rs. 8249.95 and Rs. 7846.75 respectively. So far 64530 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 8,249.95 on 30-Jan-2025 and a 52 week low of Rs. 6190.00 on 06-Mar-2024.
Last one week high and low of the scrip stood at Rs. 8249.95 and Rs. 7256.05 respectively. The current market cap of the company is Rs. 498870.91 crore.
The promoters holding in the company stood at 54.70%, while Institutions and Non-Institutions held 35.96% and 9.34% respectively.
Bajaj Finance has reported 16.63% rise in its net profit at Rs 3705.81 crore for Q3FY25 as compared to Rs 3177.39 crore for the same quarter in the previous year. Total income of the company increased by 27.17% at Rs 15393.91 crore for Q3FY25 as compared to Rs 12104.52 crore for the corresponding quarter previous year.
On consolidated basis, the company has reported 18.39% rise in its net profit at Rs 4308.19 crore for the quarter ended December 31, 2024, as compared to Rs 3638.95 crore for the same quarter in the previous year. Total income of the company increased by 27.47% at Rs 18058.32 crore for Q3FY25 as compared to Rs 14166.97 crore for the corresponding quarter previous year.
