Q2 Results: Bajaj Finance’s Profit Meets Estimates, Asset Quality Weakens

Bajaj Finance’s net profit rose 54 percent year-on-year to Rs 923 crore in the July-September period.

Bundles of Indian twenty rupee banknotes (Photographer: Dhiraj Singh/Bloomberg) 

Bajaj Finance Ltd.’s quarterly profit rose in line with analysts’ estimates even as the financial services provider’s asset quality deteriorated.

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