On April 30, Bajaj Finserv’s shares dropped 6.2%, hitting a low of Rs 1,936 on the Bombay Stock Exchange (BSE). This happened because their quarterly results didn’t meet expectations, even though they showed a 14% increase in net profit and revenue compared to last year. The company’s net profit reached Rs 2,417 crore, and total revenue was Rs 36,595 crore.
When compared to the previous quarter, their profit rose nearly 8% from Rs 2,231 crore. The revenue also increased by 14% from Rs 32,042 crore in the last three months of 2024.
For the entire financial year, Bajaj Finserv made a net profit of Rs 8,872 crore, which is 9% more than Rs 8,148 crore from the previous year. Their total revenue for the year climbed 21% to Rs 1,33,821 crore from Rs 1,10,382 crore in FY24.
However, the company’s expenses for the quarter went up to Rs 30,603 crore, which is a 15% increase from the same time last year. This is a rise of 16% from Rs 26,233 crore in the previous quarter, covering costs like employee salaries and finance charges.
Bajaj Finserv also announced a dividend of Re 1 per share for the financial year ending March 31, 2025, to be credited by July 29, 2025.
Stock Performance: In the past year, Bajaj Finserv shares rose by 29.43%. So far in 2025, the stock’s gained 30.97%, with a 16.81% increase over the last six months and 15.40% in the last three months. Recently, the stock closed up 0.8% at Rs 2,065.
Disclaimer: The opinions here are those of individual experts and do not reflect the views of NiftyStat.
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