It was a mixed quarter. Good quarter on volumes, AUM & operating efficiencies. Loan losses remained elevated in Q2. As a result, profit growth and Return On Assets (ROA) were muted, Bajaj Finance said in an analyst presentation filed with BSE.
Bajaj Finance stock closed 1.58 per cent lower at ₹6,677.40 per share on the BSE. Its capital adequacy ratio (CAR) stood at 21.69 per cent with Tier I of 20.90 per cent as of September 30, 2024.
This story is from the October 23, 2024 edition of Business Standard.
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This story is from the October 23, 2024 edition of Business Standard.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
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