The Economic Times

Bajaj Finance Q3 Results: Profit falls 6% YoY to Rs 4,066 crore on labour code impact, NII jumps 21%

Bajaj Finance Q3 Results: Bajaj Finance on Tuesday reported a 6% year-on-year (YoY) decline in its consolidated net profit for the third quarter at Rs 4,066 crore. The drop in bottomline was mainly due to an accelerated ECL provision and one-time charge of new labour codes.