Bajaj Finance - Q2 FY13 Results First Cut - Microsec

Bajaj Finance Ltd has announced its Q2FY13 result on 19th October 2012.

Company's top line increased by 4.88% QoQ and 49.59% YoY to INR735.52 crores. Whereas, bottom line decreased by 7.19% QoQ and 47.33% YoY to INR128.72 crores.

During the quarter, total customer acquired increased by 22% to 600792 as against 491695 in the corresponding period last year. Moreover, NNPA and its Provision Coverage Ratio stood at 0.2% and 80% respectively. The company continue to be well capitalized to support its growth trajectory with 17.7% of its Capital Adequacy Ratio (CAR).

The company's Assets Under Management (AUM) as on 30th September 2012 stood at INR15370 crores.

Source : Equity Bulls

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