Bajaj Finserv reports higher Q2 performance, with profit rising and revenue from operations increasing year-on-year. NDTV says quarterly profit grows 23% to ₹2,758 crore and total income is also up, while Business Line highlights strength at Bajaj Life Insurance, including a 40% rise in net value of new business and a higher VNB margin.
Across outlets, shares react positively to the earnings announcement. Economic Times and The Economic Times (India) both note the stock extends gains after Q2 results, with Economic Times describing a roughly 2% rise and quoting Jefferies as reducing its target price yet still pointing to upside. NDTV adds that performance differs across group firms, with Bajaj Finance the largest contributor to earnings, Bajaj Life Insurance improving profitability, and Bajaj General Insurance seeing profit decline.
