New Delhi, Feb. 3 -- Bajaj Finance, a leading Indian non-banking financial company (NBFC), announced its December quarter results today, February 3, post market hours, reporting a 5.6% decline in consolidated net profit to Rs.4,066 crore.

In the same period last year, the company had posted a net profit of Rs.4,308 crore. On a sequential basis, net profit fell 18% from Rs.4,947 crore in the September quarter.

Net interest income (NII), which reflects the difference between interest earned on loans and interest paid to depositors, rose to Rs.11,318 crore in Q3, up from Rs.9,383 crore in the corresponding quarter of the previous year.

Despite an improvement in NII, the net profit was weighed down by higher operating expenses, which incre...