The company’s total income was ₹21,755 crore for the quarter under review, against ₹17,620 crore in the corresponding period last year, which is an increase of 23.46 percent.
According to the statement shared with the exchanges, the company’s borrowing costs increased from ₹ 2,444.53 crore to ₹ 3,240.78 crore. The company’s total expenses increased by 17.10 percent to ₹17,336.45 crore from ₹14,370.55 crore in the same period a year ago.
The company also said after-tax profits from its subsidiary –
Bajaj Finserv is the holding company of the various financial services companies under the Bajaj group.
Bajaj Finserv participates in the financing business through its 52.49 percent interest in Bajaj Finance (BFL) and in life, non-life and health insurance through its 74 percent interest in two privately held subsidiaries, Bajaj Allianz General Insurance Company Limited ( BAGIC) and
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