Hot Pursuit     30-Oct-23
Bajaj Holdings Q2 PAT jumps 20% YoY to Rs 1,491 cr
Bajaj Holdings & Investment's (BHIL) consolidated net profit jumped 19.98% to Rs 1,491.16 crore on a 19.44% rise in total income to Rs 240.06 crore in Q2 FY24 over Q2 FY23.
Profit before tax (PBT) jumped 22.58% to Rs 1,661.95 crore in Q2 FY24 over Rs 1,355.71 crore in Q2 FY23.

Bajaj Auto (consolidated) profit after tax increased by 18% to Rs 2,020 crore in Q2 FY24 as against Rs 1.719 crore in Q2 FY23

Bajaj Finserv's (consolidated) profit after tax jumped 24% to Rs 1,929 crore in Q2 FY24 as compared to 1,557 crore in Q2 FY23, aided by strong performance of Bajaj Finance.

Maharashtra Scooters profit after tax increased to Rs 198 crore in Q2 FY24 as against Rs 190 crore in Q2 FY23.

As against a book value of Rs 1,508 per share, the NAV of the investments was at Rs 14,710 per share as on 30 September 2023.

On half-year basis, the company's net profit rose 31.4% to Rs 31.4 crore on 17.73% increase in Total income to Rs 359.35 crore in H1 FY24 over H1 FY23.

Bajaj Holdings & Investment (BHIL) is essentially a holding company and investment company focusing on earning income through dividends, interest and gains on investments held.

The scrip declined 0.75% to Rs 6,679.00 on the BSE.

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