New Delhi: Bajaj Finance on Thursday reported a 50% jump in its standalone net profit at ₹1,114 crore for the last quarter of the fiscal ended March 2019.
The company had registered a net profit of ₹743 crore in the corresponding quarter a year ago.
Total income during January-March quarter of 2018-19 rose to ₹4,887.76 crore from ₹3,424.99 crore in the year-ago period, the company said in a regulatory filing.
For the fiscal year ended March 2019, the net profit rose to ₹3,890 crore as compared with ₹2,485 crore in 2017-18.
The company's board has recommended a dividend of ₹6 per equity share or 300 per cent of face value of ₹2.
Gross non-performing assets (NPAs) and net NPAs stood at 1.54% and 0.63%, respectively, at the end of March 2019.
