On October 27, Bajaj Finserv announced a substantial 24% increase in its net profit, which reached Rs 1,929 crore for the reporting quarter, compared to Rs 1,557 crore in the same period a year ago. The company also reported a 25% year-on-year increase in consolidated total income, with it amounting to Rs 26,023 crore, up from Rs 20,803 crore in the corresponding period of the previous year.
Notably, Bajaj Finserv experienced a significant quarterly growth in its customer franchise, adding 3.58 million customers, and recorded the booking of 8.53 million new loans during Q2 FY24.
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