Bajaj Finance Q2 Results: Net profit jumps 29% YoY to Rs 6,367 crore, NII up 24%
Bajaj Finance reported a strong second quarter for 2026, with net profit rising 29% to Rs 6,367 crore and net interest income growing by 24%. The company saw significant growth in its customer franchise and assets under management despite increased loan loss provisions.
Why it matters
As a major non-banking financial company, Bajaj Finance's performance is a key indicator of consumer credit health and economic activity in India.
Bajaj Finance reported a 29% year-on-year increase in net profit to Rs 6,367 crore in the September quarter, compared with Rs 4,948 crore a year earlier.Net interest income rose 24% to Rs 13,335 crore from Rs 10,785 crore in the year-ago quarter. Net total income increased 23% to Rs 15,974 crore from Rs 12,982 crore.Assets under management grew 26% year-on-year to Rs 5.85 lakh croreas of September 30, 2026, from Rs 4.62 lakh crore a year earlier. AUM increased by Rs 37,680 crore during the quarter.The non-banking financial company booked 13.45 million new loans in the quarter, up 11% from 12.17 million in the corresponding period last year.
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