Bajaj Housing Finance has actually stated its Q2 outcomes.
Bajaj Housing Finance’s web passion revenue for the July-September quarter expanded by 13 percent YoY to Rs 713 crore.
Bajaj Housing Finance on Monday reported a 21 percent year-on-year (YoY) enter its web earnings to Rs 546 crore for the Q2 FY25, compared to Rs 451 crore a year back. This is the initial quarterly incomes after the IPO.
Bajaj Housing Finance elevated Rs 6,560 crore in September 2024 via the IPO, oversubscribed 64 times and accumulating Rs 3.24 lakh crore.
Its web passion revenue for the July-September quarter expanded by 13 percent YoY to Rs 713 crore, it claimed in a stock market declaring. Assets under monitoring (AUM) rose by 26 percent, getting to Rs 1.03 lakh crore since 30 September 2024, contrasted to Rs 81,215 crore in the very same duration in 2015.
However, the web earnings margin a little decreased to 22.64 percent from 23.6 percent a year previously. Similarly, the business’s gross non-performing properties (NPA) climbed to 0.29 percent from 0.24 percent, while web NPA raised to 0.12 percent from 0.09 percent. The stipulation insurance coverage proportion (PCR) stood at 57.87 percent, below 60.79 percent a year back.
