New Delhi, April 25 -- Bajaj Finance on Thursday reported a 21 per cent rise in consolidated net profit to Rs 3,825 crore for the March quarter. The non-banking finance company (NBFC) had registered a net profit of Rs 3,158 crore in the same period a year ago. Total income on a consolidated basis during the January-March period of 2023-24 rose to Rs 14,932 crore as against Rs 11,368 crore in the year-ago period, Bajaj Finance said in a regulatory filing. Net interest income increased 28 per cent during the fourth quarter of the previous fiscal year to Rs 8,013 crore from Rs 6,254 crore a year ago.
At the same time, total expenses increased to Rs 9,830 crore from Rs 7,108 crore last year, as per the filing. Bajaj Finance consolidated result...