From The Economic Times · Akash Podishetti · · 1m 10s
Bajaj Finance Q2 Profit Surges 29% YoY
Bajaj Finance's Q2 net profit jumps 29% to Rs 6,367 crore as assets under management grow 26%.
In brief
Bajaj Finance's Q2 net profit jumps 29% to Rs 6,367 crore as assets under management grow 26%. Bajaj Finance reported a 29% year-on-year increase in net profit to Rs 6,367 crore for Q2 2026, with assets under management rising 26% to Rs 5.85 lakh crore. Originally reported by The Economic Times.
Q2 Profit Jump
Bajaj Finance reported a 29% year-on-year increase in net profit to Rs 6,367 crore for the September quarter.
Net Interest Income Rise
Net interest income rose 24% to Rs 13,335 crore from Rs 10,785 crore in the year-ago quarter.
Assets Under Management Growth
Assets under management grew 26% year-on-year to Rs 5.85 lakh crore as of September 30, 2026.
New Loans and Customers
The company booked 13.45 million new loans, up 11% from 12.17 million last year, with customer franchise growing 16% to 128.85 million.
Profit Before Tax
Profit before tax rose 29% to Rs 8,537 crore, excluding a Rs 337 crore provision, it grew 34% to Rs 8,874 crore.
Loan Losses and Provisions
Loan losses and provisions rose to Rs 2,166 crore from Rs 2,080 crore, with the ratio declining to 1.56% after excluding provisions.
The essence
Bajaj Finance reported a 29% year-on-year increase in net profit to Rs 6,367 crore for Q2 2026, with assets under management rising 26% to Rs 5.85 lakh crore.
