Bajaj Finance Ltd. reported a solid rise in net profit and interest income in the fourth quarter of the current financial year, even as asset quality soured.
Consolidated profit rose 22% year-on-year to Rs 5,464.57 crore in the January-March quarter, as per results announced on Wednesday, compared to an estimate of Rs 5,511 crore.
Net interest income also jumped 20% to Rs 11,781 crore, against Rs 9,808 crore posted in the fourth quarter of fiscal 2025. Pre-provisioning operating profit increased by 21%.
Asset quality worsened, with the share of gross non-performing loans rising to 1.01% from 0.96% in the previous quarter. Net NPA came in at 0.41% versus 0.44% in the March quarter. Loan losses and provisions decreased to Rs 2,008 crore from Rs 2,167 crore in the same quarter of financial year 2025.
The total assets under management rose 22% year-on-year to Rs 5.10 lakh crore.
ALSO READ: Bajaj Finance Approves Lowest Dividend Since 2019 — Check Record Date
Number of new loans booked in the fourth quarter rose 20% to 12.89 million as against 10.70 million in the same quarter last year.
Bajaj Finance announced its lowest-ever dividend since July 2019 of Rs 6 per equity share for the fiscal 2026. The company announced distribution of nearly Rs 3,733,49 crore to shareholders. This also includes a special payout of Rs 0.60 per share out of exceptional gain of sale of Bajaj Housing Finance Ltd. shares.
The record date for ascertaining entitlement of final dividend for fiscal 2026 has been set as June 30. According to the exchange filing the final dividend is subject to approval of the Members of the company at the ensuing annual general meeting. The dividend will be credited in accounted on or about Aug. 3, 2026.
Bajaj Finance Share Price Today
The earnings were announced after market close on Wednesday. The scrip closed 0.99% to Rs 932.80 apiece , this compares to a 0.76% advance in the NSE Nifty 50 Index. During the day, the stock rose as much as 1.45% to Rs 937 per share.
It has risen 2.58% in the last 12 months and fell 5.47% year-to-date.
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