- Bajaj Finance Q1 net profit rose 27.4% to Rs 5,986 crore year-on-year
- Net interest income increased 23% to Rs 12,571 crore in Q1 FY2027
- Gross NPA improved to 0.96% from 1.03% in the previous quarter
Bajaj Finance Ltd. reported a solid rise in net profit and interest income in the first quarter of the current financial year, even as asset quality soured. Consolidated profit rose 27.4% year-on-year to Rs 5,986 crore in the April-June quarter, as per results announced on Thursday, compared to an estimate of Rs 4,700 crore.
Net interest income also jumped 23% to Rs 12,571 crore, against Rs 10,288 crore posted in the first quarter of fiscal 2027. Asset quality improved, with the share of gross non-performing loans falling to 0.96% from 1.03% in the previous quarter. Net NPA came in at 0.39% versus 0.41% in the March quarter.
-
Indian Markets Turning Corner After Two Tough Years, Says Sandeep Tandon -
NDTV Profit Ignite 2026: Experts See Opportunity In Equities, Stay Bullish For Long-Term -
Buy Right, Sit Tight Does Not Work for Individual Stocks, Says Dinshaw Irani -
'Worst Is Behind': Quant MF Sees Market Bottom, Flags 'Extreme Euphoria' In Midcaps -
India's Mutual Fund Industry Could Become A $1 Trillion Opportunity, Say Fund Managers -
'Foreign Investors Are Baraatis': Raamdeo Agrawal's Take On LTCG Tax -
Stay Invested Through Market Cycles: Raamdeo Agrawal at NDTV Profit Ignite -
Ramesh Damani Remains Bullish On India For Next 20-30 Years, Sees Bargains Amid Market Weakness -
CAS Came After A Long Consultation Process: SEBI Chairman Tuhin Kanta Pandey AT NDTV PROFIT IGNITE -
Aim To Cut FPI Onboarding Time From Mth To Five Days: SEBI Chairman Tuhin Kanta Pandey AT NDTV PROFI
Pre-provisioning operating profit increased by 22% to Rs 10,137 crore. Loan losses and provisions increased to Rs 1,993 crore from Rs 1,969 crore in the same quarter of financial year 2025.
Also Read | Layoffs Are Rising In Tech, But These Skills Are Helping People Unlock Better Pay
Bajaj Finance Q1 Result Highlights (Cons, YoY)
- Net Profit rises 27.4% at Rs 5,986 crore versus Rs 4,700 crore (Estimate: Rs 5,846 crore).
- NII rises 23% at Rs 12,571 crore versus Rs 10,228 crore (Estimate: Rs 12,408 crore).
- Op Profit at Rs 10,137 crore (Estimate: Rs 10,031 crore).
- Gross NPA at 0.96% versus 1.03%.
- Net NPA at 0.39% (Estimate: 0.46%).
- AUM rises 24% at Rs 5.46 lakh crore as of June end, led by Gold Loan and CV & tractor financing portfolio.
The total assets under management rose 24% year-on-year to Rs 5.46 lakh crore. The growth was led by gold loans and CV and tractor financing portfolio.
ALSO READ: Vedanta Q1 Results: Profit Slumps 18% Even As Margin Expands; Revenue Declines
Number of new loans booked in the first quarter rose 20% to 16.13 million as against 13.49 million in the same quarter last year.
Bajaj Finance Share Price Today
The results were announced after market close. Bajaj Finance shares closed 0.09% lower at Rs 1,053.50 per share on Thursday. The shares have risen 1.75% in one week and 5.3% in one month. The shares are up 8.72% year-to-date and 19.57% in the last one year.
Essential Business Intelligence, Sharp Market Insights, Practical Personal Finance Advice, Daily Fuel, Gold and Silver Prices and Latest Stories — On NDTV Profit.
