Bajaj Finance posted a 17% YoY rise in consolidated net profit for the December quarter, reaching Rs 4,247 crore, surpassing estimates. Revenue from operations increased by 13%, and net interest income rose by 23%. Assets under management grew by 28%, and new loans booked hit a record 12.06 million. Analysts have mixed ratings on the stock.
Biocon buys back an investor stake in biologics unit, posts Rs 25 crore net profit in Q3FY25
Biocon’s board has approved the acquisition of 1.5% equity in Biocon Biologics for Rs 550 crore, increasing its stake to 90.2%. The deal is expected