Bajaj Finance Limited — Board Meeting, 22-10-2024: Outcome of Board Meeting

Bajaj Finance Limited's recent board meeting yielded robust financial results for Q2 FY25, with a consolidated profit after tax of ₹4,014 crore, marking a 13% year-over-year increase. The company reported a 29% rise in total assets under management to ₹373,924 crore. Key highlights include a 14% increase in new loans booked and improved operational efficiency, reflected in lower operating expenses relative to total income. Additionally, the company successfully completed a ₹6,560 crore IPO, reducing its stake in Bajaj Housing Finance to 88.75%.