Bajaj Finance Ltd.’s consolidated internet revenue rose 16% within the quarter ended March, assembly analysts’ estimates.
The non-banking monetary firm posted a bottom-line of Rs 3,940 crore within the quarter ended March, based on an alternate submitting on Tuesday. Analysts tracked by Bloomberg had pegged the revenue after tax at Rs 4,230 crore.
The online curiosity earnings elevated by 21% within the March quarter to Rs 8,910 crore, as towards Rs 7,340 crore within the year-ago interval.
Asset high quality improved, with the gross non-performing property ratio bettering to 0.96% on the finish of March quarter as towards 1.12% 1 / 4 in the past. The online NPA ratio additionally improved to 0.44% in contrast with 0.48% within the prior quarter.
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