Bajaj Finserv consolidated net profit declines 26.75% in the March 2016 quarter

Sales rise 6.70% to Rs 2567.03 crore

Net profit of Bajaj Finserv declined 26.75% to Rs 517.95 crore in the quarter ended March 2016 as against Rs 707.12 crore during the previous quarter ended March 2015. Sales rose 6.70% to Rs 2567.03 crore in the quarter ended March 2016 as against Rs 2405.82 crore during the previous quarter ended March 2015.

For the full year,net profit rose 10.27% to Rs 1863.27 crore in the year ended March 2016 as against Rs 1689.79 crore during the previous year ended March 2015. Sales rose 24.51% to Rs 9446.40 crore in the year ended March 2016 as against Rs 7587.01 crore during the previous year ended March 2015.

ParticularsQuarter EndedYear EndedMar. 2016Mar. 2015% Var.Mar. 2016Mar. 2015% Var.Sales2567.032405.82 7 9446.407587.01 25 OPM %71.4375.35 -71.3372.63 - PBDT1044.321210.86 -14 3861.773284.30 18 PBT1026.941200.92 -14 3804.053246.15 17 NP517.95707.12 -27 1863.271689.79 10

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