Bajaj Finance reported a 22% year-on-year (YoY) rise in its profit after tax to ₹ 4,765 crore, as against ₹ 3,912 crore in the same period last year. Meanwhile, its net interest income (NII) also jumped by the same quantum to ₹ 10,227 crore from ₹ 8,365 crore in the corresponding period a year ago.

Bajaj Finance has reported 22 per cent YoY growth in its consolidated net profit for Q1 at Rs 4,765 crore, led by strong loan growth. The Pune headquartered NBFC had made a profit of Rs 3,912 crore in the same quarter of the last fiscal.

India's equity benchmarks fell in early trade on Friday, dragged down by Bajaj Finance on asset quality concerns, while investors weighed the newly signed trade pact with Britain that will cut tariffs on goods ranging from textiles to whisky and cars.