Bajaj Finance Q1 Results Live : profit rise by 13.82% YOY
Bajaj Finance Q1 Results Live : Revenue increased by 27.98% YoY & profit increased by 13.82% YoY
Bajaj Finance Q1 Results Live : Bajaj Finance declared their Q1 results on 23 Jul, 2024. The topline increased by 27.98% & the profit increased by 13.82% YoY. As compared to the previous quarter the revenue grew by 7.73% and the profit increased by 2.29%.
The Selling, general & administrative expenses rose by 7.58% q-o-q & increased by 18.55% Y-o-Y.
The operating income was up by 2.75% q-o-q & increased by 13.42% Y-o-Y.
The EPS is ₹83.3 for Q1 which increased by 20.77% Y-o-Y.
Bajaj Finance has delivered -6.4% return in the last 1 week, -6.35% return in last 6 months and -9.83% YTD return.
Currently the Bajaj Finance has a market cap of ₹408645.3 Cr and 52wk high/low of ₹8192 & ₹6187.8 respectively.
As of 25 Jul, 2024 out of 30 analysts covering the company, 1 analyst has given Strong Sell rating, 4 analysts have given Sell rating, 4 analysts have given Hold rating, 8 analysts have given Buy rating &13 analysts have given Strong Buy rating.
The consensus recommendation as on 25 Jul, 2024 was to Buy.
Bajaj Finance Financials
| Period | Q1 | Q4 | Q-o-Q Growth | Q1 | Y-o-Y Growth |
|---|---|---|---|---|---|
| Total Revenue | 15995.29 | 14847.79 | +7.73% | 12497.81 | +27.98% |
| Selling/ General/ Admin Expenses Total | 1774.77 | 1649.72 | +7.58% | 1497.02 | +18.55% |
| Depreciation/ Amortization | 199.81 | 192.96 | +3.55% | 156.09 | +28.01% |
| Total Operating Expense | 10839.48 | 9829.91 | +10.27% | 7952.16 | +36.31% |
| Operating Income | 5155.81 | 5017.88 | +2.75% | 4545.65 | +13.42% |
| Net Income Before Taxes | 5265.35 | 5105.08 | +3.14% | 4551.21 | +15.69% |
| Net Income | 3911.98 | 3824.53 | +2.29% | 3436.89 | +13.82% |
| Diluted Normalized EPS | 83.3 | 77.53 | +7.44% | 68.98 | +20.77% |
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