Bajaj Finserv Q1 results: Consolidated net profit rises 30% to Rs 2,789 cr

The company's profit rises to Rs 2,789 crore, driven by growth in interest income and insurance premiums

Bajaj Finserv’s consolidated net profit grew 30 per cent year-on-year (Y-o-Y) to ₹2,789 crore for the first quarter of 2025-26 (Q1FY26). Its net profit stood at ₹2,138 crore in Q1FY25.

 

The company, a listed holding entity for the Bajaj group’s finance and insurance businesses, reported a 13 per cent Y-o-Y rise in its consolidated total income at ₹35,451 crore in Q1 from ₹31,480 crore in the year-ago period, it said in an exchange filing.

 

Its stock closed 2.3 per cent lower at ₹1,985.5 per share on the BSE. 

 

The interest income rose to ₹18,889 crore in Q1 from ₹15,521 crore in the year-ago period. The premium and other operating income from the insurance business grew to ₹12,804 crore in Q1 from ₹12,296 crore in Q1FY25. The fees and commission income rose marginally to ₹1,649 crore in Q1FY26 from ₹1,553 crore in Q1FY25.

 

While its finance cost rose to ₹6,807 crore from ₹5,592 crore, the claims paid declined to ₹5,638 crore in Q1FY26 from ₹6,103 crore in same period a year ago. Fees and commission expenses rose to ₹2,384 crore in Q1FY26 from ₹1,829 crore in the year-ago period. The impairment expenses of financial instruments for lending rose to ₹2,120 crore in Q1FY25 from ₹1,684 crore in Q1FY24.