Bajaj Finance may maintain 20-25% growth but 4.5x-5x one year forward price to book multiple at risk: Binod Modi
Binod Modi discusses Bajaj Finance's performance, including credit cost, growth potential, and asset quality concerns. Despite challenges like RBI restrictions and delinquencies, the company aims for growth through digital initiatives, facing competition and valuation risks.
Bajaj Finance shares fall 7% after Q4 results. Should you buy, sell or hold?
Bajaj Finance shares dropped on BSE as investors reacted negatively to Q4 results. Motilal Oswal downgrades the stock to neutral rating citing weak FY25 guidance. Concerns include new product segments like cars, tractors, CVs, and potentially MFI.
Bajaj Finance Q4 Results: PAT jumps 21% YoY to Rs 3,824 crore; dividend declared at Rs 36
The NBFC had reported PAT at Rs 3,157.79 crore in the year-ago period. Revenue from operations for the quarter stood at Rs 14,926 crore, up 31% YoY. The interest income in the January-March period stood at Rs 13,230.08 crore versus Rs 9,845.98 crore reported in the year-ago period. It was a 34% YoY jump.
Bajaj Finance Q4 results today: Stock drops 3% ahead of announcement
Net profit for the forth quarter is likely to rise to 22% year-on-year (YoY), while net interest income (NII) for the same period is seen growing up to 30% year-on-year.
Bajaj Finance Q4 Preview: Healthy profit, NII growth seen, but margins may contract
New loans booked during the fourth quarter rose by 4% to 7.87 mm as compared to 7.56 mm, according to a recent update by the company The new loans booked during the quarter were lower on account of the restrictions placed by the RBI on the company, on sanction and disbursal of loans under ‘eCOM’ and ‘Insta EMI Card’.
Bajaj Finance shares rise 3% after Q4 results. Should you buy, sell or hold?
Bajaj Finance shares rose 3% following the firm's announcement of its consolidated net profit of INR 3,158 crore for the quarter ended 31 March, a 30% YoY increase. Its net interest income surged 28% to INR 7,771 crore YoY, while its assets under management rose 29%. The firm recommended a dividend of INR 30 per share for the year ending March. Analysts largely suggest holding onto the stock while Jefferies maintained its 'buy' rating due to its potential to enter the credit card market and favourable risk-reward outlook.
Bajaj Finance Q4 Results: Net profit rises 30% YoY to Rs 3,158 cr, beats estimates
Bajaj Finance Ltd posted a consolidated net profit of Rs 3,158 crore for the quarter ended March, 30% higher compared to Rs 2,419 crore in the corresponding quarter of last year. The net profit was higher than the ET Now Poll estimate of Rs 2,978 crore.Bajaj Finance Q4 Results: Net profit rises 30% YoY to Rs 3,158 cr, beats estimates
Bajaj Finance Q4 Results: PAT jumps 30% YoY to Rs 3,158 crore; dividend declared at Rs 30/share
The board has recommended a dividend of Rs 30 per share for the financial year ending March. The net interest income (NII) for the reporting period surged 28% to Rs 7,771 crore from Rs 6,061 crore in the year-ago period.
Bajaj Finance Q4 preview: PAT seen rising 30% YoY on strong NII growth
Consolidated net profit of the company is seen rising 30.2% on year to Rs 3,151.40 crore, according to the average of estimates given by 5 brokerages. Net interest income for the quarter is seen increasing 13.5% on year to Rs 6,887 crore. The non-banking finance major is scheduled to release its earnings on April 26.
Bajaj Finance Q4 Results: Net profit jumps 80% to Rs 2,420 crore
An analyst poll conducted by ET Now had projected net profit at Rs 2,500 crore.
Bajaj Finance shares tank 5% despite strong Q4 show amid global selloff
Buoyed by healthy consumer sentiments, Bajaj Finance reported its highest ever consolidated net profit at Rs 2,420 crore in the three months ended March. The figure is 80 per cent higher compared to Rs 1,347 crore posted in the year-ago period.
Bajaj Finance Q4: Profit up to a record led by strong loan growth
The company's total assets under management (AUM) grew by 29% to Rs 1.97 lakh crore in March 2022 from Rs 1.52 lakh crore a year earlier.
Bajaj Finance Q4 Earnings: Net profit jumps 80% to Rs 2,420 cr on higher income
NBFC giant Bajaj Finance on Tuesday reported consolidated net profit for the quarter ended March at Rs 2,419.51 crore, up 79.67 per cent compared to Rs 1,346.64 crore in the corresponding quarter last year. The company said it was its highest ever consolidated net profit. It also reported the highest ever consolidated profit after tax of Rs 7,028 crore for the fiscal year ended March 2022. Bajaj Finance Q4 Earnings: Net profit jumps 80% to Rs 2,420 cr on higher income
Bajaj Finance net profit drops 19% to Rs 948 crore: Key takeaways
Here are key takeaways from its quarterly show.
Bajaj Finance Q4 results: PAT jumps 30% YoY, below Street estimates; firm declares dividend of Rs 10
The non-bank lender’s net interest income in the quarter fell 4 per cent on-year to Rs 4,287 crore, which was higher than analysts’ estimate of Rs 4,182 crore.
Bajaj Finance Q4 results; key things to watch out for
Market experts see no major negative surprise on the asset quality front for Bajaj Finance.
Bajaj Finance puts up good show in Q4; top highlights
Net interest income jumped 50 per cent to Rs 3,395 crore over Rs 2,265 crore last year.
Bajaj Finance Q4 profit jumps 57% to Rs 1,176 crore, provisions rise too
Analysts in an ET NOW poll had projected a profit of Rs 1,073 crore.
Bajaj Finance Q4 results: Profit slips 19% YoY to Rs 948 crore as provisions surge
Bajaj Finance made provisions of Rs 1,954 crore in Q4FY20 against Rs 409 crore in Q4FY19.
Bajaj Finance Q4 profit surges 61% YoY to Rs 721 crore; beats Street view
Net interest income (NII) jumped 40 per cent to Rs 2,365 crore in the fourth quarter.
