Bajaj Finance Q2 Results: Largely in-line with estimates; profit, NII rise 22% YoY

Bajaj Finance Ltd on Monday reported a 21.9% year-on-year increase in consolidated net profit to ₹4,875 crore for the quarter ended September 2025 (Q2 FY26), compared with ₹4,000 crore in the same period

last year. The numbers were broadly in line with CNBC-TV18’s poll estimate of ₹4,886 crore.

Net interest income (NII) rose 22% to ₹10,785 crore from ₹8,838 crore a year ago, also in line with expectations.

The company’s assets under management (AUM) expanded 24% year-on-year to ₹4,62,250 crore, rising by nearly ₹21,000 crore sequentially.

Bajaj Finance’s customer franchise reached 110.64 million as of September 30, compared to 92.09 million last year, with 4.13 million new customers added during the quarter.

New loans booked grew 26% year-on-year to 12.17 million in Q2, while the deposit book rose to ₹69,750 crore from ₹66,131 crore last year.

On the asset quality front, gross non-performing assets (NPA) increased to 1.24% from 1.03% in the previous quarter, while net NPAs stood at 0.60%.

Ahead of the results announcement, shares of Bajaj Finance Ltd closed 1.88% higher at ₹1,086.60 on the NSE, near their 52-week high of ₹1,102.