Archive · 25 Jul 2025
Bajaj Finserv Profit Up, Poonawalla Fincorp Profit Down
Imagine several financial companies, like Bajaj Finserv and Bajaj Finance, reporting how they did in the last few months.
Bajaj Finserv made 30% more profit, which is great!
Bajaj Finance also saw a profit increase.
Bajaj is also buying out part of their insurance businesses.
Another company, Poonawalla Fincorp, made less profit due to increased costs, but they still managed to grow their overall business, which means they're getting bigger.
Bajaj Finserv's net profit increased by 30% to Rs 2,789 crore in the June quarter.
Bajaj Finance reported a 20% year-on-year rise in profit, reaching Rs 4,699 crore.
Bajaj Group received approvals to buy out Allianz's 26% stake in two insurance joint ventures.
Poonawalla Fincorp's net profit fell 78.5% to Rs 63 crore, attributed to higher expenses.
Poonawalla Fincorp's Assets Under Management increased by 53%, reaching Rs 41,273 crore.
- Who
- Bajaj Finserv, Bajaj Finance, Poonawalla Fincorp and Allianz.
- What
- Bajaj Finserv and Bajaj Finance reported financial results, and Bajaj Group is buying out Allianz's stake in insurance ventures.
- When
- Financial results are for the June quarter.
- Where
- Information not available.
- Why
- Companies are reporting financial results to demonstrate their performance and strategic moves.
- Bajaj Finserv Net Profit (June Quarter)
- Rs 2,789 crore
- Bajaj Finance Profit Increase
- 20%
- Poonawalla Fincorp Net Profit (June Quarter)
- Rs 63 crore
- Poonawalla Fincorp AUM Increase
- 53%
- Allianz Stake Buyout
- 26%