Bajaj Finance’s consolidated PAT rose 22 per cent year-on-year to ₹3,639 crore in Q3 FY24. The consolidated outcomes embrace the earnings of wholly-owned subsidiaries Bajaj Housing Finance and Bajaj Monetary Securities. Consolidated AUM crossed the ₹3-lakh crore mark throughout the quarter to face at ₹3.1-lakh crore as of December 2023, rising by ₹20,704 crore throughout … Read more
Public sector lender Indian Financial institution has reported a large rise in its web revenue for the December 2023 quarter helped by increased revenue development and decrease provisions amid challenges confronted on the margin entrance. Additionally learn: Indian Financial institution launches a co-branded bank card For the quarter ended December 2023, the financial institution’s web revenue grew … Read more
Consultants predict that the outcomes of mid-cap IT agency Tech Mahindra might be modest for the third quarter of FY24. TechM could report a sequential decline in total income and fixed forex revenues, dragged down by the communication and enterprise verticals and the poor seasonal efficiency seen within the third quarter. Brokerage agency Jefferies said … Read more
Bengaluru-based NBFC-MFI CreditAccess Grameen posted a web revenue of ₹353.3 crore in Q3 FY24, up 64 per cent on yr, led by robust progress of 42.4 per cent in complete revenue to ₹1,295.2 crore. Additionally learn: Central Financial institution of India’s Q3 FY24 web revenue rises 57% y-o-y to ₹718 crore “Our profitability milestone touched … Read more
The web revenue of Reliance Jio rose 12.2 per cent to ₹5,208 crore within the December quarter of 2023, from ₹4,638 crore reported in the identical interval final 12 months. Income from operations, in the meantime, rose 10.3 per cent to ₹25,368 crore for the quarter, versus ₹22,998-crore income reported final 12 months. In line … Read more