'Bajaj Finance conducted a conference call on 29 January 2025
to discuss its financial results for the quarter ended December 2024. Rajeev Jain,
MD of the company addressed the call:
Highlights:
The company has recorded a strong 28% yoy increase in the
consolidated AUM to Rs 398043 crore end December 2024 driven by the rising
contribution from the new businesses. The AUM growth was healthy at Rs 24119
crore in Q3FY2025.
The company has posted healthy 23% growth in the NII to Rs
9382 crore in Q3FY2025 driven by stable margins.
PBT moved up 18% to Rs 5765 crore and PAT also gained 18% to
Rs 4308 crore in Q3FY25.
ROA was at 4.5% and ROE at 19.1% in Q3FY2025 compared with
4.9% and 22% in the same quarter last year.
The company has exhibited an improvement in opex to net
total income ratio to 33.1% from 33.9%.
The capital adequacy ratio was healthy at 21.57% with Tier 1
ratio at 20.79% end Decembe...
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