The non-banking financial company's (NBFC) loan losses and provisions were 1,248 crore in the three months through December, up 48% from the same period last year.
Bajaj Finance posted a net profit of $3,639 crore in Q3, up 22% year-on-year (y-o-y) but fell short of analyst expectations. Bloomberg estimates had pegged its Q3 profit at £3,750 crore.
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