Bajaj Finance on April 29 announced a 4:1 bonus share issue, meaning shareholders will receive four additional shares for every one held. The company also approved a 1:2 stock split, reflecting confidence in its financial strength and prospects.
In its Q4FY25 earnings report, Bajaj Finance posted a 17% year-on-year (YoY) rise in net profit to ₹4,480 crore, exceeding market expectations of ₹4,400 crore. Revenue from operations climbed to ₹18,457 crore.
Read More: Ambuja Cements Q4 Net Profit Drops 9% Despite Strong Volume Growth and Expansion Plans
Assets under management saw a 26% YoY increase, driven by strong credit demand, while new loan bookings surged 36%. Net interest income also grew 22% YoY to ₹9,807 crore, surpassing estimates pegged at ₹9,660 crore.
In addition, Bajaj Finance declared a final dividend of ₹44 per equity share and a special dividend of ₹12 per share, totaling ₹56 per share. The record date for the final dividend is May 30, with payment expected around July 28. For the special interim dividend, the record date is May 9, and it will be paid on or around May 26.
The special dividend stems from an exceptional gain following the sale of Bajaj Housing Finance Limited shares during its IPO in September 2024.
Read More: Tata Investment Declares ₹27 Dividend Despite Sharp Q4 Profit Decline
Bajaj Finance on April 29 announced a 4:1 bonus share issue, meaning shareholders will receive four additional shares for every one held. The company also approved a 1:2 stock split, reflecting confidence in its financial strength and prospects.
In its Q4FY25 earnings report, Bajaj Finance posted a 17% year-on-year (YoY) rise in net profit to ₹4,480 crore, exceeding market expectations of ₹4,400 crore. Revenue from operations climbed to ₹18,457 crore.
Read More: Ambuja Cements Q4 Net Profit Drops 9% Despite Strong Volume Growth and Expansion Plans
Assets under management saw a 26% YoY increase, driven by strong credit demand, while new loan bookings surged 36%. Net interest income also grew 22% YoY to ₹9,807 crore, surpassing estimates pegged at ₹9,660 crore.
In addition, Bajaj Finance declared a final dividend of ₹44 per equity share and a special dividend of ₹12 per share, totaling ₹56 per share. The record date for the final dividend is May 30, with payment expected around July 28. For the special interim dividend, the record date is May 9, and it will be paid on or around May 26.
The special dividend stems from an exceptional gain following the sale of Bajaj Housing Finance Limited shares during its IPO in September 2024.
Read More: Tata Investment Declares ₹27 Dividend Despite Sharp Q4 Profit Decline
Comment 0