Bajaj Finance Q2 FY24 Results Today
Bajaj Finance Q2 results show revenue up from 12500.54 crores to 13381.75 crores, a 7.05% increase in growth. EPS rose from ₹56.60 to ₹58.45, up by 3.27%.
Quarter-on-Quarter Basis Results (Q2 FY2024):
Bajaj Finance shared its Q2 results on Tuesday. They earned 13381.75 crores in revenue this quarter, but that’s more than the 12500.54 crores they made last quarter. The company’s growth increased by 7.05 percent when comparing the two quarters.
In terms of profits, the company’s PAT (Profit After Tax) for this quarter was 3550.80 crores, up from 3436.89 crores in the previous quarter. Their quarter-to-quarter growth increased by 3.31 percent.
The company’s EPS (Earnings Per Share) this quarter is ₹58.45, which is an increase of 3.27% from the ₹56.60 EPS in the previous quarter.
Year-over-Year Basis Results (Q2 FY2024):
The company made a total revenue of 13381.75 crores this year (2023), which is 34.16 percent higher than last year’s total revenue of 9974.25 crores.
This year’s PAT (Profit After Tax) is 3550.80 crores, which is also 27.70% higher than last year’s PAT of 2780.65 crores.
The EPS (Earnings Per Share) for this year is ₹58.45, which is 27.59% more than the EPS of ₹45.81 earned last year.
Year-over-Year Basis Results (Half Year Ended FY2024):
In the first half of 2023, the company generated total revenue of 25882.29 crores, marking a 34.38% increase compared to the previous year’s 19260.11 crores.
The PAT (Profit After Tax) for this half-year stands at 6987.69 crores, showing a 29.96% growth over the previous year’s 5376.90 crores.
The EPS (Earnings Per Share) for this half-year is ₹115.04, representing a 29.86% increase from the previous half-year’s EPS of ₹88.59.
Bajaj Finance Share Dividend Announcement / Record Date:
The record date for the dividend has not arrived yet.
About Bajaj Finance:
Bajaj Finance Limited is a deposit-taking Non-Banking Financial Company, authorized and regulated by the Reserve Bank of India (RBI). The company maintains a diverse lending portfolio that serves retail, SMEs, and commercial clients, demonstrating a strong presence in both urban and rural regions of India.
Download the Full PDF of Q2 Results: Click Here
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