Bajaj Housing Finance posts 21% jump in net profit in 1st result after IPO

Bajaj Housing Finance reported a 21% year-on-year rise in its net profit for the quarter ending September 30. The net profit surged to ₹546 crore, up from ₹451 crore in the year-ago period. This is the company's first earnings report post its recently-concluded IPO, which raised ₹6,560 crore in September. Its revenue rose by 26% to ₹2,410 crore in Q2.