Bajaj Financial Services Ltd. : Q4FY17 Results
Amir Shaikh / 17 May 2017
The company's net profit for the quarter decreased by 19% qoq to Rs.449 crore.
Bajaj Financial Services’ NII for the quarter decreased by -3% qoq to Rs.1477 crore.
The company's net profit for the quarter decreased by 19% qoq to Rs.449 crore.
Its AUM as on 31 March 2017 increased by 36% to Rs 60194 from Rs.44229 crore
The GNPA and NNPA stood at 1.68% and 0.44% as on FY17 and its capital adequacy ratio stood at 20.30%
The board has recommended dividend of Rs 3.60 per equity share of Rs 2 face value.
As for annual numbers, the company's NII declined by 3% to Rs. 283 crore in FY17 and net profit increased by 43% in FY17 to Rs.1836 crore
Bajaj Finance Ltd is a subsidiary of Bajaj Finserv Limited. The company's operating business segment consists of financing .
The stock opened at Rs. 4564.00 and closed at Rs. 4473.80 after touching high at Rs. 4610.00 intraday.
Bajaj Finserv Ltd is a Indian company engaged in business of life insurance, general insurance and consumer finance businesses. Apart from financial services, BFS is also active in wind-energy generation. The companys operating segment consist of general insurance, Life Insurance, Investment & others, retail financing and windmill.
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