Bajaj Finance’s reported PAT grew 18% YoY to ~Rs 43.1 billion (~5% beat) in Q3 FY25.
(Photo source: Vijay Sartape/NDTV Profit)
Bajaj Finance’s key product segments (until now) have been the secular growth segments. However, its foray into multiple new areas, such as cars, tractors, commercial vehicles, and micro finance, could (in the future) make its growth and credit costs vulnerable to cyclicality, despite having a well-diversified product mix.