Bajaj Finance has posted a 83% increase in its standalone net profit for the quarter ended June 30,2018 to Rs.833.7 crore.

The company in the same period last year, had reported a net profit of Rs.456.40 crore. The company had reported a net interest income (NII) of Rs.2,578 crore, which is 46% up than the NII of the same quarter a year ago.

Further, the company’s total income for the quarter under review rose 34% year on year to Rs.3,796 crore and its provisions were 5% higher at Rs.321.05 crore.

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