BENGALURU (Reuters) – India’s Bajaj Finance reported a near-14% rise in first-quarter profit on Tuesday, helped by steady loan growth.
The company reported a consolidated net profit of 39.12 billion rupees ($467.6 million) for the quarter ended June 30, compared to 34.37 billion rupees a year earlier.
The consolidated numbers include the businesses of the non-banking financial company’s subsidiaries, Bajaj Housing Finance and Bajaj Financial Securities.
($1 = 83.6700 Indian rupees)
(Reporting by Nishit Navin; Editing by Varun H K)
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