How were the Bajaj Finance numbers for fourth quarter?
Answer
Answer
Bajaj Finance net profits for Q4 were up 80% at Rs.2,420 crore. The NII was up 30% at Rs.6,068 crore in Q4. AUM increased by 29% to Rs.197,452 crore as of Mar-22 end. Bajaj Finance has provision coverage ratio or PCR of 58% with gross NPAs falling by 19 bps to 1.60%. Overall, a much better quarter than expected.