In Q4FY2010, Bajaj Finserv reported a strong set of numbers by earning a consolidated net profit of Rs433.6 crore as compared with a net profit of Rs107 crore during the year-ago period. The strong performance was mainly driven by the life insurance business, which generated a pre-tax profit of Rs542.2 crore during the quarter as compared to Rs80.8 crore in the year-ago quarter. For FY2010, Bajaj Finserv has reported a consolidated profit after tax (PAT) of Rs554.53 crore, growing by more than 6x yoy...

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Source: Dalal Street Investment Journal
Dalal Street Investment Journal