Bajaj Finserv Q4 results: Profit jumps 31%; board recommends 80 paise/share dividend

Bajaj Finserv Q4 results: Bajaj Finserv (BAJAJFINSV) reported a 31.4 per cent year-on-year jump in net profit to Rs 1,769 crore for the quarter ended March 2023. Bajaj Finserv is the holding company for the various financial services businesses under the Bajaj Group. 

Bajaj Finserv Q4 results: Profit jumps 31%; board recommends 80 paise/share dividend
Bajaj Finserv reported a 31.4 per cent jump in its Q4 profit. | Image: Pixabay

Bajaj Finserv (BAJAJFINSV) on Thursday reported a net profit of Rs 1,769 crore for the quarter ended March 2023, marking a jump of 31.4 per cent compared with the corresponding period a year ago. Bajaj Finserv is the holding company for the various financial services businesses under the Bajaj Group. 

Revenue came in at Rs 23,625 crore for the three-month period as against Rs 18,861.7 crore for the year-ago quarter, according to a regulatory filing. 

The company saw growth of 12.5 per cent and 14 per cent in insurance premium in the life and general segments, according to a statement.  

Bajaj Finserv dividend

The company's board recommended a dividend of Re 0.8 per share, subject to shareholders' approval. 

(This story will be updated shortly)

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Written By: ZeeBiz WebTeam
Updated: Thu, Apr 27, 2023
02:16 PM IST
New Delhi, ZeeBiz WebDesk
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