Bajaj Finserv Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended September 30, 2024
October 23, 2024 at 09:32 am EDT
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Bajaj Finserv Ltd. reported earnings results for the second quarter and six months ended September 30, 2024. For the second quarter, the company reported revenue was INR 337,037.4 million compared to INR 260,226.6 million a year ago. Revenue was INR 337,037.4 million compared to INR 260,226.6 million a year ago. Revenue was INR 337,037.4 million compared to INR 260,226.6 million a year ago. Revenue was INR 337,037.4 million compared to INR 260,226.6 million a year ago. Net income was INR 20,869.7 million compared to INR 19,289.6 million a year ago. Net income was INR 20,869.7 million compared to INR 19,289.6 million a year ago. Net income was INR 20,869.7 million compared to INR 19,289.6 million a year ago. Net income was INR 20,869.7 million compared to INR 19,289.6 million a year ago. Basic earnings per share from continuing operations was INR 13.1 compared to INR 12.1 a year ago. Basic earnings per share from continuing operations was INR 13.1 compared to INR 12.1 a year ago. Basic earnings per share from continuing operations was INR 13.1 compared to INR 12.1 a year ago. Basic earnings per share from continuing operations was INR 13.1 compared to INR 12.1 a year ago. Diluted earnings per share from continuing operations was INR 13 compared to INR 12 a year ago. Diluted earnings per share from continuing operations was INR 13 compared to INR 12 a year ago. Diluted earnings per share from continuing operations was INR 13 compared to INR 12 a year ago. Diluted earnings per share from continuing operations was INR 13 compared to INR 12 a year ago.
For the six months, revenue was INR 651,838.8 million compared to INR 493,026.4 million a year ago. Revenue was INR 651,838.8 million compared to INR 493,026.4 million a year ago. Revenue was INR 651,838.8 million compared to INR 493,026.4 million a year ago. Revenue was INR 651,838.8 million compared to INR 493,026.4 million a year ago. Net income was INR 42,246.7 million compared to INR 38,715.9 million a year ago. Net income was INR 42,246.7 million compared to INR 38,715.9 million a year ago. Net income was INR 42,246.7 million compared to INR 38,715.9 million a year ago. Net income was INR 42,246.7 million compared to INR 38,715.9 million a year ago. Basic earnings per share from continuing operations was INR 26.5 compared to INR 24.3 a year ago. Basic earnings per share from continuing operations was INR 26.5 compared to INR 24.3 a year ago. Basic earnings per share from continuing operations was INR 26.5 compared to INR 24.3 a year ago. Basic earnings per share from continuing operations was INR 26.5 compared to INR 24.3 a year ago. Diluted earnings per share from continuing operations was INR 26.3 compared to INR 24.1 a year ago. Diluted earnings per share from continuing operations was INR 26.3 compared to INR 24.1 a year ago. Diluted earnings per share from continuing operations was INR 26.3 compared to INR 24.1 a year ago. Diluted earnings per share from continuing operations was INR 26.3 compared to INR 24.1 a year ago.
Bajaj Finserv Limited is a holding company for various financial services businesses. It is engaged in the business of promoting financial services such as finance, insurance, broking, investments, and others, including distribution using digital platforms through its investments in subsidiaries and joint ventures. It is also engaged in the business of generating power through wind turbines, a renewable source of energy. Its segments include life insurance, general insurance, windmill, retail financing, and investments and others. It focuses on commercial lending; personal loans; small and medium enterprise lending; rural lending; deposit; loan against securities, and partnerships and services. It serves various customers through its subsidiaries by providing financial products and services for asset acquisition through financing, asset protection through general insurance, family and income protection in the form of life and health insurance, and retirement and savings solutions.