Live updates on Bajaj Finance Q2 results: For $267.50 million, Bajaj Finance will acquire a 26% share in Pennant Tech

 Live updates on Bajaj Finance Q2 results: For $267.50 million, Bajaj Finance will acquire a 26% share in Pennant Tech

Live updates on Bajaj Finance Q2 results: With solid asset quality and high loan growth, Bajaj Finance is anticipated to announce a substantial increase in Q2FY24 net profit.

Live updates on Bajaj Finance Q2 results: Today, October 17, 2023, the non-banking financing company Bajaj financing will release its financial results for the second quarter of FY24. With solid asset quality and high loan growth, Bajaj Finance is anticipated to announce a substantial increase in Q2FY24 net profit. Analysts predict that Bajaj Finance's net profit for the three months ending in September 2023 would increase by about 34% year over year (YoY) to 3,725 crore. From $5,537 billion a year ago, net interest income (NII) is anticipated to increase by more than 29% to $7,165 billion. Follow our Bajaj Finance Q2 Results LIVE Blog here to stay updated:

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IST, October 17, 2023, 8:35:33

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Finance by Bajaj Live Q2 Results: NBFC will pay $267.50 million for a 26% interest in Pennant Tech.

Before the announcement of Q2 results, Bajaj Finance disclosed that it would pay 267.50 crore in cash for a 26% share in Pennant Tech, a manufacturer of technology products. According to Bajaj Finance in a regulatory filing, the goal of the strategic investment is to boost the company's technology roadmap.

Oct. 17, 2023, 8:31:23 IST

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Live Q2 Results from Bajaj Finance: Today, Bajaj Finance will release its Q2 earnings.

Today, October 17, 2023, the non-banking financing company Bajaj financing will release its financial results for the second quarter of FY24.