Bajaj Finance Q1 profit jumps 32.4%, beats estimates; NII rises 26%

Bajaj Finance Ltd on Wednesday reported a 32.4% year-on-year (YoY) rise in consolidated net profit for the quarter ended June to Rs 3,437 crore, beating an ET Now poll of Rs 3,301 crore. Total revenue from operations grew nearly 35% on year to Rs 12,498 crore. Net interest income for the quarter increased by 26% on year to Rs 8,398 crore.