Bajaj Finserv Ltd's Q3FY25 Quarter Results
- 31 Jan 2025
Result Summary
- Bajaj Finserv Ltd reported a 4.9% quarter-on-quarter (QoQ) decrease in its consolidated revenues for the quarter-ended Dec (Q3FY25). On a year-on-year (YoY) basis, it witnessed a growth of 10.3%.
- Its expenses for the quarter were down by 6.3% QoQ and up 8.2% YoY.
- The net profit increased 5.5% QoQ and increased 9.1% YoY.
- The earnings per share (EPS) of Bajaj Finserv Ltd stood at 13.9 during Q3FY25.
Financial Statments for Q3FY25
| (₹ crores) | Q3FY25 | Q2FY25 | Q3FY24 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 32041.81 | 33703.74 | 29038.43 | -4.9% | 10.3% |
Total Expenses | 24205.79 | 25841.87 | 22370.91 | -6.3% | 8.2% |
Profit Before Tax | 5808.41 | 5962.52 | 5429.20 | -2.6% | 7.0% |
Tax | 1399.62 | 1785.82 | 1385.66 | -21.6% | 1.0% |
Profit After Tax | 4411.89 | 4180.15 | 4045.29 | 5.5% | 9.1% |
Earnings Per Share | 13.90 | 13.00 | 13.40 | 6.9% | 3.7% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
Bajaj Finserv Ltd is a prominent financial services company in India, primarily engaged in life and general insurance, consumer finance, and asset management. As a part of the Bajaj Group, the company has established a significant presence in the financial services sector. Bajaj Finserv operates through its subsidiaries, offering a diversified range of products and services, including loans, insurance, and wealth management solutions. The company has been focusing on digital transformation and innovation to enhance customer experience. There are no specific recent major developments available in the provided data.
Revenue
In the third quarter of fiscal year 2025 (Q3FY25), Bajaj Finserv Ltd reported a total income of ₹32,041.81 crores. This represents a decrease of 4.9% quarter-over-quarter (QoQ) from ₹33,703.74 crores in Q2FY25. However, on a year-over-year (YoY) basis, total income increased by 10.3% from ₹29,038.43 crores in Q3FY24. This YoY growth suggests an upward trend in revenue over the past year, reflecting the company's ability to generate higher income compared to the same quarter of the previous year.
Profitability
During Q3FY25, Bajaj Finserv Ltd achieved a profit before tax (PBT) of ₹5,808.41 crores, marking a slight decline of 2.6% QoQ from ₹5,962.52 crores in Q2FY25. Despite this quarterly decline, the PBT showed a YoY increase of 7.0% from ₹5,429.20 crores in Q3FY24. The tax expense for the quarter was ₹1,399.62 crores, which decreased significantly by 21.6% QoQ but showed a marginal YoY increase of 1.0%. Consequently, the profit after tax (PAT) for Q3FY25 rose to ₹4,411.89 crores, up by 5.5% QoQ and 9.1% YoY, indicating an improvement in net profitability compared to both the previous quarter and the same quarter last year. The earnings per share (EPS) stood at ₹13.90, reflecting an increase of 6.9% QoQ and 3.7% YoY.
Operating Metrics
The financial data indicates that Bajaj Finserv Ltd managed to control its total expenses, which amounted to ₹24,205.79 crores in Q3FY25, a reduction of 6.3% QoQ from ₹25,841.87 crores in Q2FY25. On a YoY basis, total expenses increased by 8.2% from ₹22,370.91 crores in Q3FY24. This indicates a careful management of operational costs relative to the revenue generated. The company's ability to maintain a positive PAT margin despite fluctuating income and expenses highlights its operational efficiency during the third quarter of FY25.
