# 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%.
- Title: Bajaj Finance Q2 Profit Surges 29% YoY · The Economic Times
- Summary: 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…
- Keywords: bajaj finance, q2 results, net profit, assets under management, nii, loan losses, non-banking financial company, money, business, Bajaj, Finance, Profit
- Source: The Economic Times — https://economictimes.indiatimes.com/markets/stocks/earnings/bajaj-finance-q2-results-net-profit-jumps-29-yoy-to-rs-6367-crore-nii-up-24/articleshow/135048431.cms
- Author: Akash Podishetti
- Published: 2026-10-19T12:10:00+00:00
- Read time: 1 min
- Topics: bajaj finance, q2 results, net profit, assets under management, nii, loan losses, non-banking financial company, money, business
## 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.
## Key takeaway

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.