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✦Reported by The Economic Times

Bajaj Finance Q2 consolidated net profit rises 29% to Rs 6,367 crore

Bajaj Finance Q2 consolidated net profit rises 29% to Rs 6,367 crore
Source: The Economic Times

Executive Brief • Key Highlights

Fast factual intelligence distilled for busy investors, executives, and answer bots:

  • ✓Bajaj Finance reported a 29% rise in consolidated net profit to Rs 6,367 crore for the quarter ended September 2026.
  • ✓Strong growth in assets under management and net interest income helped the firm.
  • ✓Vice-chairman Rajeev Jain said, “We are very surprised by the growth,” as the company plans further expansion.

Story at a Glance

Category
BUSINESS
Reported By
The Economic Times
Reading Speed
4 Minute(s)
Market Focus
India Economy

Bajaj Finance reported a 29% year-on-year rise in consolidated net profit to Rs 6,367 crore for the quarter ended September 2026, compared with Rs 4,948 crore a year earlier, driven by strong growth in assets under management and net interest income, along with a decline in adjusted loan losses.

Net interest income rose 24% to Rs 13,335 crore from Rs 10,785 crore, while net total income increased 23% to Rs 15,974 crore.

Consolidated assets under management grew 26% to Rs 5.85 lakh crore as of September 30, 2026. The company added Rs 37,680 crore to its AUM during the quarter, while assets under finance increased 27% to Rs 5.74 lakh crore.

“We are very surprised by the growth,” vice-chairman Rajeev Jain said during a call with analysts. “Bajaj Finance expects to disburse 60-62 million new loans and add 18-20 million customers in FY27,” he added.

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Bajaj Finance Q2 consolidated net profit rises 29% to Rs 6,367 crore | ArthNow