Net profit of Rs 1,002 crore in the first quarter, know how much was the income

New Delhi. Bajaj Finance Finance Ltd. is one of the largest consumer finance companies. That is, BFL (Bajaj Finance) has released the June results of the current financial year. In the first quarter of the financial year 2021-22, the company’s integrated net profit increased by 4.2 percent to Rs 1,002 crore. With this, the company had earned a net profit of Rs 962 crore in the same quarter of the previous financial year.

BFL’s integrated results also include results for its wholly owned subsidiaries Bajaj Housing Finance (BHFL) and Bajaj Financial Securities Limited (BFSL). BFL’s total income during the quarter grew by 1.4 per cent to Rs 6,743 crore as against Rs 6,650 crore in the corresponding quarter of the previous fiscal.

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Net interest income of the company reached Rs 4,489 crore
The company’s net interest income rose by eight per cent to Rs 4,489 crore from Rs 4,152 crore during this period. The company’s assets under management (AUM) rose 15 per cent to Rs 1.59 lakh crore as of June 30, from Rs 1.38 lakh crore a year ago.

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The company did not like the results of the company
Bajaj Finance Finance Ltd. to the market. Didn’t like the results. The company’s results have been weaker than expected. The effect of the results was visible on this stock. At the end of trading, the stock closed at 5941.85, down by Rs 73.55, or 1.22 percent, on NSE.

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