Bajaj Finance Q3 Net Profit up 41.3% YoY to R. 3,003.2 cr: Prabhudas Lilladher
Net Interest Income (NII), is expected to rise by 24.6 percent Yo-Y (up 6.4% Q-oQ) to Rs. According to Prabhudas Lililadher, 5,891.3 million
Bajaj Finance: Bajaj Finance will purchase Snapwork Technologies up to 40% for Rs 93 Crore. The company entered into a share purchase agreement to acquire a maximum 40% stake in Snapwork Technologies through primary and secondary transactions. This acquisition will complete the company’s technology roadmap and is expected to be completed by December 2022. The acquisition price is Rs. 93 crore.
Prabhudas Lilladher released its third quarter earnings estimates (October-December’ 23,) for the Financial Services sector. Bajaj Finance is expected to report net profit of Rs. 3,003.2 crore, up 41.3% year on year (up 8% quarter by quarter).
Net Interest Income (NII), is expected to rise by 24.6 percent Yo-o-Y (up 6.4% Q-oQ) to Rs. According to Prabhudas Lililadher, 5,891.3 million
Pre Provision Operating Profit (PPOP), which is expected to increase by 22.4% Y/o-Y (up 6.9 per cent Q-o-Q to Rs. 4,796.2 crore.
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