Bajaj Finserv Ltd: Q1FY18 Results
DSIJ Intelligence / 20 Jul 2017
Its standalone revenue for the quarter increased by 14.7% qoq to Rs. 27.4 crores from Rs. 23.8 crores in previous quarter.
Bajaj Finserv Ltd reported its financial results for the quarter ended June 30, 2017.
Its standalone revenue for the quarter increased by 14.7% qoq to Rs. 27.4 crores from Rs. 23.8 crores in previous quarter.
The company's net profit for the quarter declined by 38.1% qoq to Rs. 3.9 crores.
Its total expenses for the quarter ended 30th June 2017 increased by 47% to Rs. 22.5 crores.
Bajaj Finserv, a part of Bajaj Holdings & Investments Limited, is an Indian financial services company focused on lending, asset management, wealth management and insurance.
The stock is currently trading at Rs. 4650 after the previous day's close of Rs. 4562.8
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