Bajaj Group's Financial services arm Bajaj Finserv reported a nearly 57 per cent jump in its consolidated net profit at Rs 69 crore, for the quarter ended September 30, over the same period last year.
The company had a net profit of Rs 44 crore in July-September quarter last fiscal, the company said in a statement.
The total income of the company rose to Rs 464 crore in the second quarter of the current fiscal compared to Rs 107 crore in the corresponding period.
Bajaj Finserv is a holding company, which operates through its subsidiairies and joint ventures. Bajaj Allianz General Insurance, Bajaj Allianz Life Insurance and Bajaj Finance Limited are its subsidiaries.
Bajaj Finance, the company's retail arm, has reported a profit after tax of Rs 53 crore in the second quarter of the current fiscal as compared to Rs 22 crore in the corresponding period last year.
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