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Bajaj Finance consolidated net profit rises 42.04% in the March 2021 quarter

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Capital Market

Sales decline 5.74% to Rs 6778.03 crore

Net profit of Bajaj Finance rose 42.04% to Rs 1346.64 crore in the quarter ended March 2021 as against Rs 948.10 crore during the previous quarter ended March 2020. Sales declined 5.74% to Rs 6778.03 crore in the quarter ended March 2021 as against Rs 7190.93 crore during the previous quarter ended March 2020.

For the full year,net profit declined 16.03% to Rs 4419.82 crore in the year ended March 2021 as against Rs 5263.75 crore during the previous year ended March 2020. Sales rose 1.07% to Rs 26504.52 crore in the year ended March 2021 as against Rs 26223.10 crore during the previous year ended March 2020.

 
ParticularsQuarter EndedYear EndedMar. 2021Mar. 2020% Var.Mar. 2021Mar. 2020% Var.Sales6778.037190.93 -6 26504.5226223.10 1 OPM %60.5454.33 -59.3065.13 - PBDT1912.481363.51 40 6317.537616.75 -17 PBT1822.591278.20 43 5992.267322.12 -18 NP1346.64948.10 42 4419.825263.75 -16

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First Published: Apr 27 2021 | 6:01 PM IST

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