Bajaj Finance- the country's starring non-banking concern institution (NBFC) is slated to study its July-September net connected October 22, 2024 (Tuesday). Zee Business analysts estimation the company's consolidated nett aft taxation (PAT) to log 13.3 per cent maturation on-year during the 4th to Rs 4,021 crore. In the corresponding 4th past year, the NBFC large reported PAT astatine Rs 3,550.8 crore.
The company's consolidated nett involvement income (NII), oregon the quality betwixt the involvement earned and the involvement paid, is estimated to emergence 23 per cent year-on-year (YoY) to Rs 8,854.9 crore. The NII stood astatine Rs 7,197 crore successful Q2FY24.
Furthermore, assets nether absorption (AUM) astatine the institution during the reappraisal play are expected to ascent 30 per cent on-year. The NBFC arsenic of June 30, 2024 reported AUM astatine Rs 3,54,192 crore.
Bajaj Finance stock price
Ahead of its results tomorrow, shares of Bajaj Finance ended with a chopped of 1.6 per cent astatine Rs 6,784.5 apiece connected the BSE.