Bajaj Finance Profit Soars 29% on Strong Lending Growth

Bajaj Finance announced a robust 29% surge in its consolidated profit after tax, reaching Rs 6,367 crore for the September quarter of FY27. This impressive financial performance reflects the company's expanding lending operations and a substantial increase in net interest income.

The company's assets under management saw a significant uptick, growing by 26% to Rs 5,84,624 crore as of September 30, 2026. This expansion highlights the increasing demand for its financial services and its growing market presence.

During the second quarter of FY27, Bajaj Finance successfully booked 13.45 million new loans, an 11% rise compared to the same period last year. The company also expanded its customer base by adding 4.42 million new customers, bringing the total to 128.85 million.

Net interest income climbed by 24% to Rs 13,335 crore, contributing to a 23% increase in net total income, which stood at Rs 15,974 crore. Operating expenses were managed effectively, accounting for 33% of the net total income.

Looking ahead, Bajaj Finance anticipates disbursing between 60 to 62 million new loans and acquiring 18 to 20 million new customers throughout FY27, underscoring its optimistic growth projections.