Bajaj Finserv reported its financial results for the second quarter of FY25, showcasing a notable growth in both net profit and revenue. The company’s strong performance was driven by robust growth across its major business segments while maintaining a balanced approach to risk management.
Key Financial Highlights
Balanced Growth and Risk Management
In its official statement, Bajaj Finserv emphasized the importance of balancing growth and risk across its businesses. The company noted that risk metrics varied by segment, but its subsidiaries remained focused on managing risk while pursuing growth opportunities.
“Q2 FY25 was a strong quarter for growth across all our major businesses. Risk metrics, however, varied across segments, and our companies focused on balancing risk with growth,” the company said.
Allianz SE's Potential Exit
In an important development, Bajaj Finserv revealed that Allianz SE, which holds a 26% stake in Bajaj Allianz General Insurance and Bajaj Allianz Life Insurance, is considering exiting the joint venture.
Stock Performance
Following the Q2 earnings report, Bajaj Finserv’s stock saw a 2.24% increase, trading at ₹1,761.8 on the Bombay Stock Exchange (BSE) at the time of writing.
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