∙Bajaj Finance launches QIP and sets the floor price at Rs 7,533.81/share. ∙Company may offer a discount of up to 5% on the floor price.
∙Net Profit was down 3.1% YoY at Rs 178.5 cr. ∙Revenue was up 6.1% YoY at Rs 864.5 cr. ∙EBITDA was up 19.4% YoY at Rs 233.3 cr. ∙Margin came at 27% vs 24% (YoY).
∙Net profit rose 50% YoY to Rs 7.8 cr, led largely by its fashion business which witnessed a strong demand. ∙Revenue was up 22% YoY to Rs 1,507 cr. ∙EBITDA margin improved from 5% in Q2FY23 to 5.4% in Q2FY24.