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VERIFIEDMint Markets·positive
Bajaj Finserv Q1 Results: Net profit rises 12% to ₹3,132 crore; board approves entering reinsurance business
AI Summary
- ·Bajaj Finserv's consolidated net profit increased by 12% year-on-year to ₹3,132 crore in Q1 FY27.
- ·Revenue from operations saw a 19% rise, reaching ₹42,037 crore.
- ·The company's board has approved its entry into the reinsurance business.