New Delhi, Jan. 31 -- Bajaj Finserv declared their Q3 results on 30 Jan, 2025, reporting a revenue increase of 10.34% year-on-year (YoY) and a profit rise of 3.4% YoY. The company's profit for the quarter stood at Rs.2231 crore, while revenue reached Rs.32040.82 crore. However, compared to the previous quarter, revenue declined by 4.93%, although profit saw an increase of 6.9%.
The Selling, general & administrative expenses rose by 0.75% quarter-on-quarter (q-o-q) and increased significantly by 16.23% YoY. This uptick in expenses may be a point of concern for analysts and investors alike.
Despite the decline in revenue, the operating income showed a positive trend, increasing by 0.64% q-o-q and 18.41% YoY. The earnings per share (EPS) a...
Click here to read full article from source
To read the full article or to get the complete feed from this publication, please
Contact Us.