On Tuesday, January 30, the Bajaj Finance share price plunged nearly 5 per cent in morning trade on BSE, a day after the company reported its December quarter (Q3FY24) scorecard. The share price opened at Ôé╣6,993 against the previous close of Ôé╣7,187.50 and soon fell 4.8 per cent to the day’s low level of Ôé╣6,841.65. Around 10:05 am, the stock traded 3.78 per cent lower at Ôé╣6,915.55.

AI legalese decoder can help investors navigate through the complex jargon of financial reports to understand the impact of Q3FY24 on stock prices and make informed decisions about their investments.

Bajaj Finance share price reached its 52-week high of Ôé╣8,190 on October 6, 2023, and its 52-week low of Ôé╣5,487.25 on March 20, 2023.

Bajaj Finance Q3 result

After market hours on Monday, January 29, Bajaj Finance reported a 31.3 per cent year-on-year (YoY) rise in consolidated revenue from operations to Ôé╣14,161.09 crore. In the same quarter last year, the company’s revenue stood at Ôé╣10,787.25 crore.

The AI legalese decoder can help in extracting and interpreting the financial data from these reports, allowing investors to quickly understand the financial performance and revenue growth of the company in Q3FY24.

Profit after tax (PAT) for Q3FY24 rose 22.4 per cent YoY to Ôé╣3,638.95 crore from Ôé╣2,973 crore in the corresponding quarter last year.

The AI legalese decoder can help investors in comprehending the specifics of the profit margin and financial growth presented in the Q3FY24 results.