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

Bajaj Finance Limited's Board of Directors approved the unaudited standalone and consolidated financial results for the half-year ending September 30, 2024. Key highlights include a 13% increase in consolidated profit after tax to ₹4,014 crore and a 29% rise in assets under management to ₹373,924 crore. The company successfully completed an Initial Public Offering for Bajaj Housing Finance Limited, reducing its ownership from 100% to 88.75%. The Gross NPA ratio stands at 1.06%.