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Bajaj Finance Profits Surge 22% Despite Asset Quality Woes
10 Nov
Summary
- Consolidated profit rose 22% year-on-year to Rs 4,875 crore
- Net interest income jumped 22% to Rs 10,785 crore
- Gross non-performing loans rose to 1.24% from 1.03% in previous quarter
In the second quarter of the current financial year, Bajaj Finance Ltd. has reported a solid rise in both net profit and interest income, even as the company's asset quality has deteriorated.
The company's consolidated profit surged 22% year-on-year to reach Rs 4,875 crore in the July-September period of 2025, compared to an estimate of Rs 4,969 crore. Additionally, Bajaj Finance's net interest income jumped 22% to Rs 10,785 crore, though this fell slightly short of the forecast of Rs 10,955 crore.
However, the company's asset quality has worsened during this period. The share of gross non-performing loans rose to 1.24% from 1.03% in the previous quarter, while net NPA came in at 0.60% versus 0.50%. Despite these challenges, Bajaj Finance's total assets under management grew by a robust 24% year-on-year to Rs 462,261 crore.
