Bajaj Finance Limited reported a strong September quarter with consolidated interest income reaching Rs. 17,796 crore and net profit soaring to Rs. 4,876 crore. The robust growth was driven by an expanding loan portfolio, growing assets under management, and improved operational efficiencies despite macroeconomic challenges.
Bajaj Finance, one of India’s leading non-banking financial companies (NBFCs), announced its consolidated financial results for Q2 FY2026. The firm posted an impressive consolidated interest income of Rs. 17,796 crore, reflecting a 23–24% year-on-year increase. The company’s net profit rose to Rs. 4,876 crore, up about 22% from the previous year.
The growth momentum was supported by a 26% rise in new loans booked during the quarter and 24% growth in assets under management, which reached Rs. 4.62 lakh crore. Bajaj Finance’s total customer base expanded to over 11 crore, showcasing its widening market reach and brand strength.
Despite challenges like inflation and rising competition, Bajaj Finance maintained healthy margins and controlled non-performing assets with gross NPA at just 0.24%. The company is optimistic about sustaining growth through diversified loan products and digital initiatives aimed at increasing customer engagement.
Key Highlights
Consolidated interest income: Rs. 17,796 crore, up 23–24% YoY
Net profit: Rs. 4,876 crore, a 22% increase year-on-year
Assets under management reached Rs. 4.62 lakh crore, up 24% YoY
New loans booked increased by 26% to 1.21 crore during the quarter
Gross NPA maintained at low 0.24%, indicating strong asset quality
Total customer base surpassed 11 crore
Focus on digital transformation and product diversification
Sources: Moneycontrol, Economic Times, Screener.in, Hindustan Times