Bajaj Housing Finance Q3 Outcomes: Revenue elevated by 25% within the December quarter, additionally increase in income; Share closed in crimson mark – INA NEWS

Bajaj Housing Finance December Quarter Outcomes: Bajaj Finance’s subsidiary Bajaj Housing Finance has launched the outcomes of the October-December 2024 quarter. Through the quarter, the corporate’s web revenue elevated by 25 % on an annual foundation to Rs 548.02 crore. A 12 months in the past, in the identical quarter, the corporate earned a revenue of Rs 436.97 crore. Through the December 2024 quarter, the corporate’s operation elevated by about 26 % to Rs 2,448.86 crore on an annual foundation. It was Rs 1946.18 crore within the December 2023 quarter.

Diversified NBFC Bajaj Housing Finance has informed the inventory markets that the corporate’s whole expenditure within the December 2024 quarter elevated to Rs 1,735.96 crore on an annual foundation. It was Rs 1,374.43 crore a 12 months in the past. Through the quarter, the corporate’s web curiosity earnings elevated by 25 % to Rs 806 crore as in comparison with a 12 months in the past, which was Rs 645 crore within the December 2023 quarter.

Bajaj Housing Finance was listed in September 2024

The inventory of Bajaj Housing Finance closed at Rs 105.85 on BSE on January 27 at Rs 105.85. The corporate’s market cap is Rs 88100 crore. The inventory went as much as a low of Rs 104.80 within the day. The corporate was listed on the inventory market on 16 September 2024 and doubled the cash of IPO buyers. The IPO of Rs 6,560 crore was 67.43 instances. The inventory was listed at a value of Rs 150.

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The value on BSE has up to now seen a peak of Rs 188.45 and a low stage of Rs 125.30. The corporate had 88.75 % stake within the firm until the top of December 2024. The higher value band for the inventory is Rs 116.40 and the cheaper price band is Rs 95.30. The circuit restrict is 10 %.

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