Bajaj Finance Q1FY26 results: Net profit rises 22% to ₹4,765 crore

Bajaj Finance reports a 22% rise in Q1 net profit to Rs 4,765 crore for the quarter ended June 2025, driven by growth in interest income and assets under management

Bajaj Finance Ltd.'s (BFL’s) consolidated net profit rose by 22 per cent year-on-year (YoY) basis to ₹4,765 crore for the first quarter of the financial year 2026 (Q1FY26).

 

The company’s net interest income (NII) for the quarter under review rose by 22 per cent to ₹10,227 crore from ₹8,365 crore in Q1Fy25.

 

The fees and commission income rose by 17 per cent Y-o-Y to ₹1,784 crore in Q1FY26 from ₹1,524 crore in Q1FY25, the company said in a statement.

 

Its stock closed about one per cent down at ₹959 a share on the BSE.

 

The company’s consolidated assets under management (AUM) grew by 25 per cent Y-o-Y to ₹4.41 trillion at the end of June 2025 from ₹3.54 trillion at the end of June 2024. 

 

 

It booked 13.49 million new loans in Q1FY26 against 10.97 million a year ago.

 

The company expects to disburse over 50 million new loans in FY26. It had booked 43.42 million new loans in FY25.

 

The loan losses and provisions grew by 26 per cent Y-o-Y to ₹2,120 crore in Q1FY26 from ₹1,685 crore in Q1FY25.

 

The credit costs were elevated in two & three-wheeler loans and MSME segments. The company said it has taken significant credit actions in both these businesses and AUM growth for both these businesses will be lower for FY26, BAL said.

 

The consumer leverage continues to remain an area of concern, it said. It has taken several actions across all products to reduce the number of customers with multiple loans, it added.

 

Reflecting asset quality pressure, its gross non-performing assets (NPAs) rose to 1.03 per cent in Q1FY26 from 0.86 per cent a year ago. Its net NPA grew to 0.50 per cent in Q1FY26 from 0.38 per cent in Q1FY25.

 

Its capital adequacy ratio (CRAR) stood at 21.96 per cent with Tier I of 21.19 per cent as of June 30, 2025.