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Exchange Disseminated Time 24/05/2016 16:56:47 | Bajaj Finserv Ltd has announced the following results for the quarter & year ended March 31, 2016:
The Un-Audited Standalone results for the Quarter ended March 31, 2016
The Company has posted a net profit of Rs. 674.80 million for the quarter ended March 31, 2016 as compared to Rs. 438.00 million for the quarter ended March 31, 2015. Total Income has increased from Rs. 795.60 million for the quarter ended March 31, 2015 to Rs. 848.40 million for the quarter ended March 31, 2016.
The Audited Standalone results for the Year ended March 31, 2016
The Company has posted a net profit of Rs. 1631.30 million for the year ended March 31, 2016 as compared to Rs. 1259.30 million for the year ended March 31, 2015. Total Income has increased from Rs. 2116.60 million for the year ended March 31, 2015 to Rs. 2514.50 million for the year ended March 31, 2016.
The Consolidated Results are as follows:
"The Un-Audited Consolidated results for the Quarter ended March 31, 2016
The Group has posted a net profit of Rs. 5179.50 million for the quarter ended March 31, 2016 where as the same was at Rs. 7071.20 million for the quarter ended March 31, 2015. Total Income is Rs. 25671.80 million for the quarter ended March 31, 2016 where as the same was at Rs. 24066.50 million for the quarter ended March 31, 2015.
The Audited Consolidated results for the Year ended March 31, 2016
The Group has posted a net profit of Rs. 18632.70 million for the year ended March 31, 2016 where as the same was at Rs. 16897.90 million for the year ended March 31, 2015. Total Income is Rs. 94467.40 million for the year ended March 31, 2016 where as the same was at Rs. 75903.80 million for the year ended March 31, 2015.
- During the current year, Bajaj Allianz Life Insurance Company Limited has transferred surplus in the Policyholders' revenue account based on its audited interim financial statements and to the extent permissible as per the applicable regulations, to the shareholders' account on a quarterly basis, as against the past practice of transferring such surplus at the close of the financial year. Consequently, the numbers for the quarter are not comparable." |
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