Bajaj Finance Q1 results: Net profit rises 20% YoY to ₹4,700 crore; assets under management jumps 25%

Its net interest income, the difference between interest earned and interest expended, advanced 22% in Q1 to ₹10,227 crore from ₹8,365 crore in the year-ago period.

Bajaj Finance's fees and commission income came in at ₹1,784 crore, up 17% from ₹1,524 crore in the corresponding period last year.

The Pune-based company's assets under management (AUM) jumped by 25% in Q1 to ₹4,41,450 crore and its assets under finance rose by 24% to ₹4,32,458 crore.

Loan losses and provisions increased by 26% in Q1FY26 to ₹2,120 crore from ₹1,685 crore in Q1FY25.

Number of new loans booked in June quarter was 13.49 million as against 10.97 million in Q1FY25, a growth of 23%. Customer franchise stood at 106.51 million compared to 88.11 million in the year-ago period.

“During the quarter, the Company has successfully completed the subdivision of its shares on 16 June 2025, reducing the face value from ₹2 to ₹1 per fully paid equity share. Subsequently, the Company issued 4 fully paid bonus equity shares for every 1 fully paid equity share on 17 June 2025,” Bajaj Finance said in a regulatory filing.

“The Company has been assigned long-term issuer rating of BBB-/Positive, short-term issuer rating of A-3 and standalone credit profile (SACP) rating of 'BBB' by S&P Global ratings. Also, the Company has been assigned Baa3/P-3 long-term and short term foreign and local currency issuer ratings with stable outlook by Moody's ratings,” Bajaj Finance added.

Bajaj Finance shares ended 1.22% lower at ₹956.50 ahead of its earnings announcement.