Bajaj Finance posts 52% rise in Q3 profit, sets aside ₹85 crore for Karvy loan2 min read . Updated: 29 Jan 2020, 05:43 PM IST
- The non-banking financial company (NBFC) said Q3 has been a good quarter for the lender
- Bajaj Finance’s loan losses and provisions grew 84% y-o-y in Q3 FY20 to ₹831 crore
Consumer durable lender Bajaj Finance on Wednesday reported a 52% year-on-year (y-o-y) rise in consolidated net profit of ₹1,614.11 crore, its highest-ever quarterly profit, on the back of healthy interest income.
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