Bajaj Finance Shares Soar as Q4 Profit Surges 19% to Rs 4,546 Crore, Stock Split and Bonus Issue Announced
Bajaj Finance has reported a significant 19% rise in its Q4 profit, reaching Rs 4,546 crore, driven by a 22% year-on-year increase in Net Interest Income (NII) to Rs 9,807 crore. This robust profit growth can be attributed to the company's strong loan expansion strategy, which has yielded impressive results. The board has also approved a stock split and bonus issue, aiming to enhance shareholder value. With its consistent performance, Bajaj Finance is poised to maintain its position as a leading player in the financial services sector, leveraging key trends such as digital lending and financial inclusion. As the company continues to expand its loan portfolio, investors can expect promising returns, making it an attractive option for those looking to invest in the finance sector, particularly in areas like personal finance and investment banking.
