Bajaj Finance Q3 net profit slips 6% despite 21% NII growth
pre-market1 source ↓written by the desknot a recommendation
- in consolidated net
- 6% YoY decline
- for Q3
- ₹4,066 cr
- adjusted profit rose
- 23% to ₹5,317 cr
Bajaj Finance reported a 6% YoY decline in consolidated net profit to ₹4,066 cr for Q3, impacted by increased ECL provisions and a one-time charge. However, adjusted profit rose 23% to ₹5,317 cr, fueled by 21% growth in net interest income driven by strong loan demand. This reflects robust underlying business performance.
Not investment advice. For informational purposes only.