Bajaj Finserv Profit of Rs. 1346/- Crore I
Bajaj Finserv’s net profit rises 37%
Bajaj Finserv’s net profit rose 37% to Rs. 1346.1 / – crore. The company said that the increase in revenue was due to the insurance business. The total premium has increased by 27% to Rs. 5718.7 / – crore. The general insurance business grew by 18.4%. Bajaj Allianz General Insurance Company has posted a net profit of Rs. 248 crore for the quarter as against Rs. 278 / – crore. Bajaj Allianz Life Insurance Company Rs. 48 / – crore as against a net profit of Rs. 234 / – crore.
