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. 

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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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