As at June-end 2025, assets under management (AUM) were up 24 per cent y-o-y, to ₹3,25,438 crore.
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Bajaj Finance Ltd (BFL) reported a 21 per cent year-on-year (y-o-y) increase in standalone net profit in the first quarter (Q1FY26), at ₹4,133 crore, on the back of healthy growth in net interest income and assets under management (AUM) even as loan loss provisions rose.
The non-banking finance company (NBFC), whose lending portfolio is spread across retail, SMEs, and commercial customers, recorded a standalone net profit of ₹3,402 crore in the year-ago period.
Net interest income was up 21 per cent in Q1 FY26 to ₹9,269 crore, from ₹7,647 crore in Q1 FY25.
Total expenses, including finance costs, fees and commission expenses, loan loss provisions, employment benefit expenses, rose 22 per cent to ₹11,151 crore (₹9 123 crore in Q1 FY25).
Loan loss provisions increased by 24 per cent in Q1 FY26, ₹2,078 crore from ₹1,671 crore in Q1 FY25.
As at June-end 2025, AUM were up 24 per cent y-o-y, to ₹3,25,438 crore. New loans booked during the quarter increased 23 per cent y-o-y at 13.39 crore.
Gross NPA (non-performing assets) and Net NPA, as of June-end 2025, moved up to stand at 1.28 per cent and 0.63 per cent respectively, as against 1.06 per cent and 0.47 per cent logged in the year-ago period. The company has provisioning coverage ratio of 52 per cent on stage 3 assets.
Consolidated results
On a consolidated basis, including results of two subsidiaries – Bajaj Housing Finance Ltd (BHFL) and Bajaj Financial Securities Ltd – and two associates Snapwork Technologies Pvt Ltd and Pennant Technologies Pvt Ltd, was up 22 per cent in Q1 FY26 to ₹4,765 crore (₹3,912 crore).
As at June-end 2025, consolidated AUM rose 25 per cent y-o-y to stand at ₹4,41,450 crore (₹3,54,192 crore as at June-end 2024).
BFL shares closed at ₹959 apiece, down 0.95 per cent over the previous close on BSE.
Published on July 24, 2025
