Bajaj Finance Ltd — Q2 FY24
Bajaj Finance reported a strong Q2 FY24 with PAT of ₹3,551 crore, up 28% YoY, driven by robust AUM growth of 33% to ₹290,664 crore and disciplined cost management.
bullish
high
✓ Verified against BSE filing
Indian management teams deliver on roughly 12% of specific earnings-call promises. A low score does not indicate dishonesty — it reflects how aspirational forward guidance typically is.
Q1 FY24
NIM compression of 10-15 bps in Q2 and Q3
Net interest margin expected to compress by 10-15 bps each in Q2 and Q3 due to repricing of borrowings.
Delivered
Current-quarter results and commentary indicate the prior promise was delivered or materially on track.
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