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Bajaj Finance Q2 results: Net profit rises 23% to Rs 4,948 crore. Total income and AUM also see significant growth. Read the full report.

Indian stock markets ended flat on Wednesday as Bajaj Finserv and Bajaj Finance dragged indices lower amid geopolitical tensions. Foreign fund inflows, however, restricted the decline.

Bajaj Finserv shares dropped nearly 7% on Wednesday despite reporting a 14% rise in net profit for the fourth quarter. The company's consolidated income also saw a significant increase.

Indian stock markets rebounded, with Sensex and Nifty gaining on sustained foreign fund inflows and a positive US market performance. Bajaj Finserv and Bajaj Finance saw declines while Tata Motors,...

Bajaj Finserv Ltd. reports a 14% increase in consolidated net profit to Rs 2,417 crore in Q4 FY25, driven by strong revenue growth. The company also declared a dividend of Re 1 per share.

Bharat Forge has commenced operations of a new defence manufacturing facility in Jejuri, Maharashtra, to produce advanced artillery systems for the Indian Ministry of Defence and export.

Bharat Forge's net profit fell 16.38% in Q3 FY25 to Rs 212.78 crore, impacted by lower revenue. The company also declared an interim dividend of Rs 2.5 per share.

RBL Bank and Bajaj Finance have ended their co-branded credit card partnership. Existing cardholders will continue to enjoy benefits while the bank focuses on new partnerships.

Bajaj Finance's FD book grew 21% to Rs 66,131 crore in Q2 FY25. Senior citizens can earn up to 8.85% interest, while non-senior citizens can get up to 8.65%.

IFC commits USD 400 million to Bajaj Finance to expand access to finance for EVs, energy-efficient goods, and women-owned microenterprises, supporting India's climate goals and financial inclusion.

Bajaj Finance shares climbed over 5% on Wednesday after the company reported a 13% rise in net profit for the second quarter ended September 30, 2024. The stock emerged as the top gainer on the...

Bajaj Finance Ltd reported a 13% rise in consolidated net profit to Rs 4,014 crore for Q2 FY25, driven by a surge in income. However, asset quality worsened with NPAs rising.

Moody's has assigned a Baa3 rating with stable outlook to Bajaj Finance Ltd, recognizing its strong franchise, diversified loan book, and competitive funding costs.

Bajaj Finserv shares fell over 2% on Wednesday after the company's June quarter earnings failed to impress investors. The stock was the biggest laggard among Sensex and Nifty firms.

Bajaj Finserv's net profit rose 10% to Rs 2,138 crore in Q1 FY24, driven by strong performance in its financial services businesses. Read more.

Bharat Forge Ltd shares soared 16% on Wednesday after the company reported a 77.8% rise in consolidated net profit for the fourth quarter ended March 31, 2024.