Q1 Results: Bajaj Finserv Delivers Flat Profit Growth Due To Impairments
Bajaj Finserv’s Q1 results were also “negatively impacted” by losses from Cyclone Fani, which hit India’s east coast in the June quarter. (Photographer: Brent Lewin/Bloomberg)

Q1 Results: Bajaj Finserv Delivers Flat Profit Growth Due To Impairments

Impairments and losses in insurance subsidiaries hurt Bajaj Finserv Ltd.’s profit for the June quarter of 2019-20.Net profit of the non-bank lender rose 2.4 percent year-on-year to Rs 845.3 crore i...
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