Bajaj Housing Finance shares jump nearly 4% after Q4 earnings

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The total income of Bajaj Housing Finance increased to ₹ 2,508 million rupees killing the quarter of March

The total income of Bajaj Housing Finance increased to ₹ 2,508 million rupees that change the quarter of March | Photo credit: Indranil Aditya

Baja Housing Finance shares rose almost 4 percent on Thursday after the company reported a 54 percent increase in net profits in the quarter of March.

The shares recovered 3.90 percent to ₹ 137 in the EEB.

In the NSE, he jumped 3.85 percent to ₹ 136.96 each.

Bajaj Housing Finance on Wednesday reported a 54 percent increase in net profits to ₹ 587 million rupees in the quarter of March due to robust growth in housing loans.

The housing finance company had registered a fair gain of ₹ 381 million rupees in the same quarter of the previous year.

The total income increased to ₹ 2,508 million rupees in the quarter under review, of ₹ 1,997 million rupees the previous year, Bajaj Housing Finance said in a regulatory presentation.

The company obtained an incoming interest of ₹ 2,374 million rupees in the quarter, against ₹ 1,908 million rupees in the same period a year ago.

Duration The quarter of reports, the net interest of the company that entered which grew 31 percent to ₹ 823 million rupees, compared to the ₹ 629 million rupees reported in the same quarter of the last fiscal year.

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Analysts say that the company's performance will be affected by the challenges in specific verticals, but that the Fortius project and the seasonal numbers of Comviva will be carried out.

Posted on April 24, 2025

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