BAJAJ BROKING
Bajaj Finserv has reported its Q2 FY24-25 results, showcasing a significant financial performance. The consolidated revenue grew by 30% year-on-year (YoY) to ₹33,704 crore, compared to ₹26,023 crore in the corresponding period last year. Additionally, the company posted a consolidated profit after tax (PAT) of ₹2,087 crore, marking an 8% growth from ₹1,929 crore in Q2 FY24. This reflects Bajaj Finserv’s strong market presence and resilience in the financial services sector.
During the quarter, Bajaj Finserv’s performance was driven by strong growth in its subsidiaries, particularly Bajaj Finance and its insurance arms. Bajaj Finance contributed significantly with a PAT of ₹4,000 crore, a 13% YoY growth, highlighting robust demand for financial services. Additionally, Bajaj General Insurance and Life Insurance businesses reported profits, bolstering the group’s overall financial health.
Bajaj Finance's continued growth is a testament to its strong product offerings and customer base. Meanwhile, the insurance sector showed healthy gains, with general insurance reporting a PAT of ₹494 crore and life insurance registering a net new business value (NBV) of ₹245 crore.
Despite broader market challenges, Bajaj Finserv’s results were at par with the market expectations in the financial sector. The company has consistently demonstrated its capability to outperform, leveraging its diverse portfolio to maintain strong revenue growth.
Bajaj Finserv’s leadership expressed confidence in their continued growth trajectory, emphasizing the importance of their diversified business model, which helps them navigate both opportunities and challenges effectively. The company aims to maintain its focus on innovation and customer-centric services, expecting further expansion in the coming quarters.
Metrics | Q2 FY25 | Q2 FY24 | % Change |
Revenue (₹ Cr) | 33,704 | 26,023 | 30% |
Profit After Tax (₹ Cr) | 2,087 | 1,929 | 8% |
Bajaj Finance PAT (₹ Cr) | 4,000 | 3,551 | 13% |
General Insurance PAT (₹ Cr) | 494 | 468 | 6% |
Life Insurance NBV (₹ Cr) | 245 | 237 | 3% |
Total Expenses (₹ Cr) | 27,741 | 20,731 | 34% |
Employee Benefit Expenses (₹ Cr) | 3,009 | 2,446 | 23% |
Finance Costs (₹ Cr) | 6,046 | 4,449 | 36% |
Total Assets (₹ Cr) | 6,01,195 | 4,69,324 | 28% |
Check out ACC's past performances in previous quarters and financial years.
Bajaj Finserv’s Q2 FY24-25 results underline its strong financial health and growth potential. The company’s diverse portfolio across financial services, insurance, and investments has positioned it well to continue its upward trajectory, with a robust outlook for the next quarter.
Disclaimer: Investments in the securities market are subject to market risk, read all related documents carefully before investing.
This content is for educational purposes only. Securities quoted are exemplary and not recommendatory.
For All Disclaimers Click Here: https://bit.ly/3Tcsfuc
Share this article:
Disclaimer :
The information on this website is provided on "AS IS" basis. Bajaj Broking (BFSL) does not warrant the accuracy of the information given herein, either expressly or impliedly, for any particular purpose and expressly disclaims any warranties of merchantability or suitability for any particular purpose. While BFSL strives to ensure accuracy, it does not guarantee the completeness, reliability, or timeliness of the information. Users are advised to independently verify details and stay updated with any changes.
The information provided on this website is for general informational purposes only and is subject to change without prior notice. BFSL shall not be responsible for any consequences arising from reliance on the information provided herein and shall not be held responsible for all or any actions that may subsequently result in any loss, damage and or liability. Interest rates, fees, and charges etc., are revised from time to time, for the latest details please refer to our Pricing page.
Neither the information, nor any opinion contained in this website constitutes a solicitation or offer by BFSL or its affiliates to buy or sell any securities, futures, options or other financial instruments or provide any investment advice or service.
BFSL is acting as distributor for non-broking products/ services such as IPO, Mutual Fund, Insurance, PMS, and NPS. These are not Exchange Traded Products. For more details on risk factors, terms and conditions please read the sales brochure carefully before investing.
Investments in the securities market are subject to market risk, read all related documents carefully before investing. This content is for educational purposes only. Securities quoted are exemplary and not recommendatory.
For more disclaimer, check here : https://www.bajajbroking.in/disclaimer
Level up your stock market experience: Download the Bajaj Broking App for effortless investing and trading