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EquityWireEarnings Review: Sharp rise in Assets Under Management helps Bajaj Housing Profit After Tax beat Street view
Earnings Review

Sharp rise in Assets Under Management helps Bajaj Housing Profit After Tax beat Street view

This story was originally published at 18:14 IST on 29 July 2026
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Informist, Wednesday, Jul. 29, 2026

 

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--Bajaj Housing Fin Apr-Jun net profit INR 7.15 bln 
--Analysts saw Bajaj Housing Fin Apr-Jun PAT INR 6.86 bln 
--Bajaj Housing Fin Apr-Jun revenue INR 30.63 bln 
--Bajaj Housing Fin Apr-Jun PAT INR 7.15 bln vs INR 5.83 bln year ago 
--Bajaj Housing Fin Apr-Jun revenue INR 30.63 bln vs INR 26.13 bln yr ago 
--Bajaj Housing gross NPA ratio 0.29 % on Jun 30 vs 0.30% year ago 
--Bajaj Housing net NPA ratio 0.12% on Jun 30 vs 0.13% year ago 
--Bajaj Housing: Liquidity coverage ratio 158.12% on Jun 30 vs 210.57% yr ago 
--Bajaj Housing Q1 net interest income INR 9.68 bln vs INR 8.87 bln yr ago 
--Bajaj Housing assets under mgmt INR 1.50 tln Jun 30 vs INR 1.20 tln yr ago
 

 

By Kabir Sharma

 

MUMBAI – A 25% jump in assets under management helped Bajaj Housing Finance Ltd. report a similar increase in its net profit for the June quarter. Tax outgo rose sharply during the reporting quarter, which limited the growth in the financier's bottom line. 

 

Bajaj Housing reported a 23% increase in net profit for the June quarter to INR 7.15 billion. The net profit beat analyst expectations of INR 6.86 billion. Assets under management rose to INR 1.50 trillion at the end of June from INR 1.20 trillion a year ago. 

 

The financier reported a healthy revenue growth in the June quarter, with revenue rising 17.2% year on year to INR 30.63 billion from INR 26.13 billion in the corresponding period last year. The tax outgo increased 23% on year to INR 2.13 billion for the quarter.  

 

Net interest income, a key measure of earnings from lending operations, rose 9.1% on year to INR 9.68 billion from INR 8.87 billion a year ago, indicating steady expansion in the loan book and interest-earning assets.

 

The company's asset quality remained robust during the quarter. The gross non-performing asset ratio improved marginally to 0.29% as of Jun. 30 from 0.30% a year earlier, while the net non-performing asset ratio declined to 0.12% from 0.13%, reflecting continued control over stressed assets.

 

Bajaj Housing Finance's liquidity coverage ratio stood at 158.12% as on June 30, lower than 210.57% a year earlier, but remained well above the regulatory requirement, indicating that the company continued to maintain a comfortable liquidity buffer to meet its short-term obligations.

 

Wednesday, Bajaj Housing Finance shares ended at INR 87.63 on the NSE, up 2.30% over Tuesday.  End

 

Edited by Akul Nishant Akhoury

 

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