Bajaj Finance Ltd for the fourth quarter ended March 31, 2025 reported 17% rise in consolidated net profit attributed to the owners of the company at ₹4,480 crore compared with ₹3,825 crore a year ago.
Net Interest Income (NII) during the quarter grew 22% Year on Year (YoY) to ₹9,807 crore,
For FY25 the company’s consolidated net profit grew 15% to ₹16,638 crore from ₹14,451 crore in the previous year.
For the financial year the company’s NII grew 23% YoY to ₹36,393 crore.
For the quarter the company’s loan losses and provisions grew 78% YoY to ₹2,329 crore and annual loan losses and provisions were to the tune of ₹7,966 crore, up 72% YoY.
The board of directors have declared dividend of ₹56 per share [special interim dividend of ₹12 and final dividend of ₹44 per share] for FY25.
The board also considered and recommended sub-division of 1 (one) equity share of face value of ₹2 each fully paid-up into 2 (two) equity shares of face value of ₹1 each fully paid-up; and issue of bonus equity shares in the ratio of 4:1 i.e., 4 (Four) bonus equity shares for every 1 (one) equity share held.
The board has recommended increasing the authorised share capital of the company from ₹150 crore to ₹1,000 crore subject to approval of shareholders.
Published – April 29, 2025 08:14 pm IST