Bajaj Finance Limited has announced its Q4 results for the year 2024. The company has reported and displayed various financial parameters, which reflect its strong performance in the non-banking financial sector.
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Key Highlights for Q4 FY24:
Bajaj Finance reported a profit of ₹3,824 crore in the fourth quarter of FY24, up 21% from ₹3,168 crore in the same quarter last year
Total Income: The company’s total income for the quarter stood at ₹13,620 crore, up from ₹10,727 crore in Q4 FY23, representing a 27% year-on-year growth
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Assets Under Management (AUM): As of March 31, 2024, Bajaj Finance’s AUM reached ₹2.47 lakh crore, reflecting a 34% increase from ₹1.84 lakh crore in the previous year.
New Loans Booked: During the quarter, the company booked 8.6 million new loans, a 26% rise compared to 6.8 million in Q4 FY23.
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Gross NPA and Net NPA: The Gross Non-Performing Assets (NPA) stood at 1.14%, while Net NPA was at 0.44%, indicating stable asset quality
DIGI MARCH STORE PRINT ON DEMAND
1: Introduction – Bajaj Finance in the Spotlight
- Brief overview of Bajaj Finance’s role in the Indian NBFC space
- Why Q4 FY24 results are being closely watched
2: Financial Performance at a Glance
- Key numbers: Net profit, total income, and year-on-year growth
- Quick visual/table for top-line figures
3: AUM Growth and Loan Book Expansion
- Breakdown of the ₹2.47 lakh crore AUM milestone
- Surge in new loans booked (8.6 million loans this quarter)
4: Asset Quality – NPAs Under Control
- Gross and Net NPA performance
- Commentary on risk management and portfolio strength
5: Market Reaction and Investor Sentiment
- Share price movement post-results
- Analyst outlook and market buzz
6: The What to Expect from Bajaj Finance
- Guidance for FY25
- Strategic priorities and growth opportunities
7: Momentum in a Competitive Market
- Summary of performance
- Final thoughts on the company’s financial health and trajectory
