Bajaj Finance’s Board of Director allowed the split of stock in a 1: 2 ratio on April 29-each shares divided into two stocks of RE1 and 4: 1 bonus, with four shareholders-focus-focus-focus-focus-focus-focus-focus-focus.
Here’s how it goes. Each of Bajaj Finance’s current part, currently with a face value of 2 rupees, will be divided into two shares of RE1. After that, for each share held after the split, shareholders will receive four additional shares as a bonus. That means, for every share held today, investors eventually have ten-two-two-latter shares and eight bonus shares.
Record dates for stock split and bonus issues will be announced separately.
These announcements were introduced earnings of Bajaj Finance’s Q4FY 25, where the company increased the net profit of strong loan growth, improved margins and net profit by steady property quality by Rs 19%. 4,546 crore.
The company also announced a special interim dividend of Rs 12 per share, which is payable around May 26, and recommended the final dividend of Rs 44 per share, subject to the stockholder’s approval, which is scheduled for payment by July 28.
Net interest income increased 22% to 9,807 crore in the March quarter, while the total revenue increased 23% to 11,917 crore. During the quarter, the new loan increased 36% to 10.7 million, with loan growth strong. Property under management increased by 26% annually to Rs. 4.16 lakh crore, which is compared to 3.3 lakh crore a year ago.
Bajaj Finance also crosses the main target during the quarter by crossing 100 million customers. Loof and provisions in the same quarter last year were Rs. 2,329 crore, but the LEA maintained a tight grip on asset quality, with a total non-demonstrating assets 0.96% and net NPA 0.44%.
For the full financial year ended March 2025, the unified net profit increased by 16% to Rs. 16,779 crore, while pre-incomprehensible operating paying profit increased 24% to 30,028 crore.
Bajaj Finance Shares were trading 5% lower on BSE on Wednesday at Rs 8,604.80.
Also read | Bajaj Finance 4: 1 Bonus issue allows, Rs. Announces a dividend of 56/share
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