On a positive front, the company's assets under management (AUM) stood at approximately Rs138,000cr in Q1FY21 compared to Rs128,898cr in the corresponding period of the previous year.
During the period, the company's AUM under moratorium reduced to 15.5% as against 27% as of April 2020.
Meanwhile, in the quarter, Bajaj Finance's new loans booked contracted to1.7 MM as compared to 7.3 MM a year ago same period.
Going forward, customer franchise as of June 2020 increased at 43.0 MM as compared to 36.9 MM as of June 2019. During the quarter, the Company acquired 0.5 MM new customers.
In its filing, Bajaj Finance said, "The Company continues to remain well-capitalized with capital adequacy ratio (CRAR) of approximately 26.4% as of30 June 2020." Adding it said, "Consolidated liquidity surplus was approximately Rs17,600cr as of 30 June 2020. The Company's liquidity position remains very strong,"
Bajaj Finance further said, "may consider additional accelerated provisioning for COVID-19 in Q I FY2 I as well to further strengthen its balance sheet"
The stock finally ended at Rs3352.75 per piece higher by 7.84% on Sensex and maintained the top performer mark.