February 1, 2018 / 8:54 AM / 4 months ago

BRIEF-India's Bajaj Finance Dec-Qtr PAT Up About 38 Pct

Feb 1 (Reuters) - Bajaj Finance Ltd:

* DEC QUARTER PROFIT AFTER TAX 7.67 BILLION RUPEES

* CONSENSUS FORECAST FOR DEC QUARTER PROFIT WAS 7.44 BILLION RUPEES

* DEC QUARTER REVENUE FROM OPERATIONS 35.41 BILLION RUPEES

* PROFIT AFTER TAX IN DEC QUARTER LAST YEAR WAS 5.56 BILLION RUPEES; REVENUE FROM OPERATIONS WAS 26.88 BILLION RUPEES

* APPROVED FUND RAISING VIA NCDS AS PART OF INCREASE BORROWING LIMIT TO 1 TRLN RUPEES

* APPROVED RAISING OF FUNDS BY ISSUE OF RUPEE DENOMIANTED BONDS IN OVERSEAS MARKET WORTH UP TO 50 BILLION RUPEES ‍​ Source text: bit.ly/2GCbPqw Further company coverage:

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