Bajaj Finance has reported results for third quarter ended December 31, 2013.
The company has reported 20.59% rise in its net profit at Rs 194.14 crore for the quarter as compared to Rs 160.09 crore for the same quarter in the previous year. Total income of the company has increased by 30.63% at Rs 1081.90 crore for quarter under review as compared to Rs 828.23 crore for the quarter ended December 31, 2012.
Bajaj Finance, a subsidiary of Bajaj Finserv, is engaged in the business of consumer finance, SME finance and commercial lending. Bajaj Finserv proposes to convert Bajaj Finance into a bank as per the Reserve Bank of India’s February 2013 guidelines
The company has reported 20.59% rise in its net profit at Rs 194.14 crore for the quarter as compared to Rs 160.09 crore for the same quarter in the previous year. Total income of the company has increased by 30.63% at Rs 1081.90 crore for quarter under review as compared to Rs 828.23 crore for the quarter ended December 31, 2012.
Bajaj Finance, a subsidiary of Bajaj Finserv, is engaged in the business of consumer finance, SME finance and commercial lending. Bajaj Finserv proposes to convert Bajaj Finance into a bank as per the Reserve Bank of India’s February 2013 guidelines
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