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Bajaj Finserv's Q4 net profit plunges 77% due to rise in lending assets impairment; stock down 3%

Updated : May 21, 2020 03:14 PM IST

Bajaj Finserv in its Q4FY20 earnings on Thursday reported a consolidated net profit decline of 77 percent year-on-year (YoY)  to Rs 194 crore as against Rs 839 crore in the corresponding quarter last year.
The company's interest income surged 58 percent YoY to Rs 7,919 crore as compared to Rs 5,005 crore last year. 
Bajaj Finserv's Q4 net profit plunges 77% due to rise in lending assets impairment; stock down 3%

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