6 hours Ago
Bajaj Finserv shares may remain in focus on Wednesday, April 30, after the company reported a 14% year-on-year (YoY) rise in both net profit and revenue, which stood at Rs 2,417 crore and Rs 36,595 crore, respectively.On a sequential basis, profit after tax (PAT) increased nearly 8% from Rs 2,231 crore in Q3FY25. Total revenue from operations rose 14% quarter-on-quarter, up from Rs 32,042 crore in the October–December quarter.
For the full financial year, the company reported a net profit of Rs 8,872 crore, a 9% increase from Rs 8,148 crore in FY24. Total revenue for FY25 climbed 21% YoY to Rs 1,33,821 crore, compared to Rs 1,10,382 crore in the previous year.Bajaj Finserv’s total expenses for the March quarter stood at Rs 30,603 crore, up 15% from Rs 26,519 crore in the same period last year.
Sequentially, expenses rose 16% from Rs 26,233 crore in Q3FY25. These include employee benefit costs, finance charges, and fee and commission expenses, among others.The company also declared a dividend of Re 1 per share for the financial year ended March 31, 2025, which is scheduled to be credited by July 29, 2025.
Bajaj Finserv Share Price PerformanceBajaj Finserv shares have returned 29.43% over the past year. On a year-to-date (YTD) basis, the stock has gained 30.
97%, with a 6-month return of 16.81%. Over the last three months, it rose 15.
40%, while the 1-month return stands at 2.94%.On Tuesday, the stock closed 0.
8% higher at Rs 2,065 on the BSE.(Disclaimer: Recommendations, suggestions, views, and opinions given by the experts are their own. These do not represent the views of The Economic Times).
