Bajaj Finserv Ltd (BFL) on Tuesday reported a 14 per cent increase in its consolidated net profit to ₹2,417 crore in the fourth quarter ended March 2025. The company had posted a net profit of ₹2,119 crore during the corresponding January-March period of the previous fiscal.
The total consolidated income during the March 2025 quarter rose to ₹35,596 crore against ₹32,042 crore in the corresponding period of the previous financial year, BFL, the holding company for the various financial services businesses under the Bajaj group, said in a regulatory filing.
The board recommended a dividend of Re 1 per share or 100 per cent of the face value of Re 1. The proposed dividend will be approved by the shareholders at the ensuing Annual General Meeting.
"In line with the company's Dividend Distribution Policy, the Board of Directors have recommended a dividend of Re. 1/- (100%) per equity share of face value of Re.1/- for the financial year ended 31 March 2025," said Bajaj Finserv.
The said dividend, if declared by the shareholders at the ensuing Annual General Meeting, will be credited/dispatched on or before Tuesday, 29 July 2025.
The record date for the purpose of determining the members eligible to receive the dividend for the financial year ended 31 March 2025, has been fixed as Friday, 27 June 2025.
For the financial year 2024-25, the company witnessed a 9 per cent increase in profit at ₹8,872 crore over ₹8,148 crore in the previous fiscal. The total consolidated income rose to ₹1,33,822 crore compared to ₹1,10,383 crore in the previous financial year.
The 18th Annual General Meeting of the Company will be held on Friday, 25 July 2025. The board approved issue of equity shares to Bajaj Finserv ESOP Trust. “Approved the issue of 11,51,123 equity shares of face value of Re.1, ranking pari-passu with the existing equity shares of the company to Bajaj Finserv ESOP Trust at applicable grant prices in accordance with Bajaj Finserv Limited Employee Stock Option Scheme, as amended and SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021.”
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