Bajaj Finserv's Q2 FY25 Financial Results Show Mixed Performance, MarketsMOJO Gives 'Hold' Call

This could be a cause for concern for investors.

Net Profit – Quarterly: Lowest at Rs 1,138.72 cr in the last five quarters. The company’s net profit has also seen a decline in the last quarter. This could be due to various factors such as increased expenses or lower sales.

Despite the mixed financial performance, MarketsMOJO has given a ‘Hold’ call for Bajaj Finserv’s stock. This means that investors should hold onto their current positions and not make any new investments in the company’s stock.

Bajaj Finserv, a largecap finance and NBFC company, recently declared its financial results for the quarter ending September 2024. The company’s score has fallen from 7 to 5 in the last 3 months, indicating a flat performance.

However, there are some positive aspects to the financials. Bajaj Finserv’s operating profit (PBDIT) for the quarter was the highest at Rs 12,283.47 crore and has been growing each quarter in the last five quarters. The net sales for the quarter were also the highest at Rs 33,703.74 crore and have been showing a positive trend in the near term. Additionally, the net sales have grown at a rate of 29.52% year on year.

On the other hand, there are some concerns for investors. The company’s operating cash flow has been falling each year in the last three years, with the lowest being at Rs -68,674.20 crore. This indicates a decline in cash revenues from business operations. The net profit for the quarter was also the lowest in the last five quarters at Rs 1,138.72 crore, showing a decline from the previous quarter.

In conclusion, while Bajaj Finserv’s financial performance for the quarter ending September 2024 has been mixed, MarketsMOJO has given a ‘Hold’ call for the company’s stock. Investors should carefully consider these factors before making any investment decisions.