InvestorQ : How were the quarterly results of Bajaj Finserv for the Mar-21 quarter?
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How were the quarterly results of Bajaj Finserv for the Mar-21 quarter?

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Riya Dwivedi answered.
1 week ago
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Bajaj Finserv on Wednesday reported a 4-fold jump in net profits for the Mar-21 quarter. The revenues stood at Rs.15,387 crore and was largely driven by insurance business and the consumer lending business, in that order. PAT for FY21 was sharply higher for the full year by 33% at Rs.4,470 crore.

The profits were an outcome of lower asset impairment and greater profitability of the insurance business. Even as life insurance business of Bajaj Allianz did well, the general insurance business showed record net profits.

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