Bajaj Finance reported a 22% YoY rise in Q1 net profit to Rs 4,765 crore, driven by strong loan growth and customer additions. AUM jumped 25% to Rs 4.41 lakh crore, while NII rose to Rs 10,227 crore. Asset quality weakened slightly, with GNPA at 1.03%. Provisions rose 26%, but capital adequacy remained strong at 21.96%.
Originally published by The Economic Times https://economictimes.indiatimes.com/markets