Bajaj Finserv Q2 FY24 Results Today
Bajaj Finserv Q2 results show revenue up from 23,279.98 crores to 26,022.66 crores, an 11.78% increase in growth. EPS down from ₹12.2 to ₹12.1, slips by 0.82%.
Quarter-on-Quarter Basis Results (Q2 FY2024):
Bajaj Finserv shared its Q2 results on Friday. They earned 26,022.66 crores in revenue this quarter, but that’s more than the 23,279.98 crores they made last quarter. The company’s growth increased by 11.78 percent when comparing the two quarters.
In terms of profits, the company’s PAT (Profit After Tax) for this quarter was 1,928.96 crores, down from 1,942.63 crores in the previous quarter. Their quarter-to-quarter growth decreased by 0.70 percent.
The company’s EPS (Earnings Per Share) this quarter is ₹12.1, which is a decrease of 0.82% from the ₹12.2 EPS in the previous quarter.
Year-over-Year Basis Results (Q2 FY2024):
The company made a total revenue of 26,022.66 crores this year (2023), which is 25.09 percent lower than last year’s total revenue of 20,803.33 crores.
This year’s PAT (Profit After Tax) is 1,928.96 crores, which is also 23.90% higher than last year’s PAT of 1,556.93 crores.
The EPS (Earnings Per Share) for this year is ₹12.1, which is 23.47% more than the EPS of ₹9.8 earned last year.
Year-over-Year Basis Results (Half Year Ended FY2024):
In the first half of 2023, the company generated a total revenue of 49,302.64 crores, marking a 34.37% increase compared to the previous year’s 36,691.71 crores.
The PAT (Profit After Tax) for this half-year stands at 3,871.59 crores, showing a 35.07% growth over the previous year’s 2,866.31 crores.
The EPS (Earnings Per Share) for this half-year is ₹24.3, representing a 35% increase from the previous half-year’s EPS of ₹18.
Bajaj Finserv Share Dividend Announcement / Record Date:
The record date for the dividend has not arrived yet.
About Bajaj Finserv:
Bajaj Finserv, an Indian financial services corporation, emerged as an independent entity in April 2007, separating from Bajaj Auto Limited. The company’s headquarters are situated in Pune, India, and it specializes in a diverse range of financial services, including lending, asset management, wealth management, insurance, and wealth advisory.
Download the Full PDF of Q2 Results: Click Here
For more of the Latest News, Click Here