Bajaj Finserv reported a consolidated net profit of ₹2,229 crore for the December quarter, slightly down from ₹2,231 crore last year. The profit was affected by higher provisions totaling ₹1,785 crore related to expected credit losses and new labour codes.
Bajaj Finserv Q3 Results: Net profit remains flat at ₹2,229 crore on higher provisions, labour code costs
