Profit

Bajaj Finserv Ltd - Announces Q4 & FY 11 Results

 Share
EMAIL
PRINT
COMMENTS
Bajaj Finserv Ltd has announced the following results for the quarter & year ended March 31, 2011: The Audited results for the Quarter ended March 31, 2011. The Company has posted a net profit of Rs 1408.90 million for the quarter ended March 31, 2011 as compared to Rs 24.60 million for the quarter ended March 31, 2010. Total Income has decreased from Rs 274.00 million for the quarter ended March 31, 2010 to Rs 209.70 million for the quarter ended March 31, 2011. The Audited results for the Year ended March 31, 2011. The Company has posted a net profit of Rs 1883.40 million for the year ended March 31, 2011 as compared to Rs 293.90 million for the year ended March 31, 2010. Total Income has decreased from Rs 1298.00 million for the year ended March 31, 2010 to Rs 1260.60 million for the year ended March 31, 2011. "The Consolidated Results are as follows : The Audited consolidated results for the Quarter ended March 31, 2011. The Group has posted a net profit of Rs 8725.80 million for the quarter ended March 31, 2011 where as the same was at Rs 4335.80 million for the quarter ended March 31, 2010. Total Income is Rs 13172.80 million for the quarter ended March 31, 2011 where as the same was at Rs 6524.60 million for the quarter ended March 31, 2010. The Audited consolidated results for the Year ended March 31, 2011. The Group has posted a net profit of Rs 11148.40 million for the year ended March 31, 2011 where as the same was at Rs 5545.30 million for the year ended March 31, 2010. Total Income is Rs 24445.70 million for the year ended March 31, 2011 where as the same was at Rs 9854.10 million for the year ended March 31, 2010. Upon acquisition of further shares, Bajaj Finance Ltd (BFL) became a subsidiary of the Company from July 05, 2010. Accordingly, BFL has been consolidated as a subsidiary from that date. Prior to that date, BFL was consolidated as an associate and hence the consolidated financial results for the period ended March 31, 2011 are not comparable with those of the prior periods."


Get Breaking news, live coverage, and Latest News from India and around the world on NDTV.com. Catch all the Live TV action on NDTV 24x7 and NDTV India. Like us on Facebook or follow us on Twitter and Instagram for latest news and live news updates.

NDTV Beeps - your daily newsletter

................................ Advertisement ................................

................................ Advertisement ................................

................................ Advertisement ................................

Top