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EquityWireEarnings Review: Strong AUM growth helps Bajaj Finance post 22% Q4 PAT growth
Earnings Review

Strong AUM growth helps Bajaj Finance post 22% Q4 PAT growth

This story was originally published at 19:44 IST on 29 April 2026
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Informist, Wednesday, Apr. 29, 2026

 

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--Bajaj Finance Jan-Mar consol PAT INR 54.65 bln vs INR 44.80 bln year ago
--Analysts saw Bajaj Finance Jan-Mar consol net profit at INR 54.40 bln
--Bajaj Finance Jan-Mar consol revenue INR 216.06 bln vs INR 182.94 bln year ago
--Analysts saw Bajaj Finance Jan-Mar consol revenue at INR 122.80 bln
--Bajaj Finance To pay INR 6 per share final dividend
--Bajaj Finance Final dividend record date Jun 30
--Bajaj Finance FY26 consol PAT INR 190.17 bln vs INR 166.38 bln year ago
--Bajaj Finance FY26 consol revenue INR 819.82 bln vs INR 688.06 bln year ago
--Bajaj Finance Consol AUM at INR 5.10 tln on Mar 31, up 22% on yr
--Bajaj Finance Made additional ECL provision of INR 1.42 bln in Q4
--Bajaj Finance Q4 consol net interest income INR 117.81 bln, up 20% on yr
--Bajaj Finance Consol gross NPA ratio 1.01% on Mar 31 vs 0.96% year ago
--Bajaj Finance Consol net NPA ratio 0.41% on Mar 31 vs 0.44% year ago
--Bajaj Finance Capital adequacy ratio 21.55% on Mar 31
--Bajaj Finance Q4 consol loan loss, provisions INR 20.1 bln vs INR 21.7 bln
--Bajaj Finance Q4 consol new loans booked 12.89 mln, up 21% on year
--Bajaj Finance: Consol deposits at INR 685.33 bln on Mar 31, down 4% on yr

 

By Kabir Sharma

 

MUMBAI – Strong growth in assets under management, leading to a jump in net interest income, helped Bajaj Finance Ltd. to report a firm rise in net profit for the quarter ended March. However, a steep net gain on fair value changes limited the rise in the company's bottom line.

 

The non-bank financier reported a consolidated net profit of INR 54.65 billion for the March quarter, up 22% on year and almost 38% on quarter. The profit was in line with analysts' estimate of INR 54.40 billion. The company announced its results after market hours Wednesday. Its shares closed 0.7% higher at INR 930 on the National Stock Exchange.

 

Bajaj Finance's consolidated assets under management stood at INR 5.10 trillion as of Mar. 31, a growth of 22% on year. Its assets under management grew 21% on year to INR 3.73 trillion as of Mar. 31. The financier's net interest income for the March quarter rose 20% on year to INR 107.16 billion.

 

The company's consolidated revenue for the March quarter rose to INR 216.06 billion from INR 182.94 billion a year ago. Income from fees and commission rose nearly 50% on year to INR 22.29 billion. The company announced a dividend of INR 6 per share and set Jun. 30 as the record date.

 

Bajaj Finance had consolidated deposits of INR 685.33 billion as on Mar. 31, down 4% on year. The company recorded an additional expected credit loss provision of INR 1.42 billion during the quarter towards management and macroeconomic overlay.

 

The financier booked 12.89 million new loans in the March quarter against 10.70 million a year ago, a rise of 20%. Its customer base stood at 119.33 million as of Mar. 31, against 101.82 million a year ago, up 17%. In the March quarter, the number of customers rose 3.93 million.

 

Bajaj Finance's loan losses and provisions for the March quarter were at INR 20.08 billion against INR 21.67 billion a year ago. Its gross and net non-performing assets ratios as of Mar. 31 were 1.01% and 0.41%, respectively, against 0.96% and 0.44% a year ago. The financier's provision coverage ratio on stage 3 assets was 60%. The capital adequacy ratio as of Mar. 31 was at 21.55%. The tier-I capital was 20.67%.

 

For the financial year 2025-26 (Apr-Mar), Bajaj Finance reported a consolidated net profit of INR 190.17 billion, up from INR 166.38 billion for FY25. Its revenue for the year was INR 819.82 billion, up sharply from INR 688.06 billion for the previous year.

 

In a separate exchange filing, the company said Rajiv Bajaj has expressed his willingness to step down from the board of directors of Bajaj Finance. Rajiv Bajaj, who is managing director of Bajaj Auto Ltd., will not be offering himself for re-election at the ensuing annual general meeting, Bajaj Finance said. Accordingly, he will cease to be a non-executive director of the company at the annual general meeting that is scheduled to be held on Jul. 30.

 

The board approved the appointment of Pramit Jhaveri as a non-executive independent director for a second term of five years effective Aug. 1, subject to the approval of shareholders. It also approved the increase in Bajaj Finance's borrowing limit to INR 5.5 trillion.  End

 

Edited by Rajeev Pai

 

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