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Bajaj Finance’s Q1 standalone net profit up 42%

Posted By: Doraiah Vundavally July 19, 2017

Bajaj Finance's Q1 standalone net profit up 42%Mumbai, July 19 (IANS) Bajaj Finance on Wednesday reported a surge of 41.98 per cent in its standalone net profit after tax (PAT) to Rs 602 crore for the first quarter (Q1) of the 2017-18.

On a standalone basis, the company's net PAT for Q1 stood at Rs 602 crore as compared to Rs 424 crore reported during the corresponding quarter of last fiscal.

During the quarter under review, the company's total income stood at Rs 3,165 crore -- up 39 per cent -- up from Rs 2,282 crore reported during the same period of 2016-17.

 

(This story has not been edited by Social News XYZ staff and is auto-generated from a syndicated feed.)

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Bajaj Finance's Q1 standalone net profit up 42%

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Doraiah Chowdary Vundavally is a Software engineer at VTech . He is the news editor of SocialNews.XYZ and Freelance writer-contributes Telugu and English Columns on Films, Politics, and Gossips. He is the primary contributor for South Cinema Section of SocialNews.XYZ. His mission is to help to develop SocialNews.XYZ into a News website that has no bias or judgement towards any.