BusinessPhoto: NDTV BusinessBajaj Finance Stock Drops Nearly 3% After Q2 Asset Quality Decline
Shares of Bajaj Finance Ltd. fell up to 2.94% on Wednesday after the company's asset quality worsened sequentially. Gross non-performing assets rose to 1.06% from 0.96%, and Net NPA increased to 0.42% from 0.39%. Provisions and loan losses rose to Rs 2,166 crore from Rs 2,080 crore a year earlier. Despite this, Q2 net profit rose 28.5% to Rs 6,266 crore, and net interest income grew 23.6% to Rs 13,334 crore.
NDTV Business·




