Bajaj Finance Q3 results: Net profit, NII likely to see double-digit growth aided by strong loan book growth

Leading NBFC Bajaj Finance will announce its December quarter results (Q3FY26) on February 03, 2026. The earnings are likely to be announced after market hours.

According to experts, Bajaj Finance is likely to report robust growth in net interest income (NII) and net profit during the December quarter, aided by a double-digit rise in the loan book and assets under management (AUM).

Bajaj Finance’s NII is expected to be in the range of ₹10,988 to ₹11,150 crore, up 17-18% YoY. The company reported NII of ₹9,382 crore in the same quarter last year. Meanwhile, net profit could rise 17-21% YoY, ranging between ₹4,980 and ₹5,150 crore. In Q3FY25, Bajaj Finance reported a net profit of ₹4,247 crore and ₹4,875 crore in the previous quarter.

During its quarterly business update, Bajaj Finance reported a 15% YoY growth in new loans booked to 1.39 crore, while its total assets under management grew by 22% YoY to ₹4.85 lakh crore. Total customer franchise as of 31 December 2025 stood at 11.15 crore.

During the Q3 result announcement, investors will keenly watch management commentary on the loan growth outlook, net interest margin, and gross and net non-performing assets (NPAs).

Ahead of the Q3 result announcement, Bajaj Finance shares ended the session 0.6% higher at ₹908. So far this year, Bajaj Finance shares are down over 8% amid high volatility in broader markets.

Technical outlook

Bajaj Finance found support around previous week’s low and formed a bullish candle on the daily chart. However, the stock is trading below its all its key exponential moving averages (EMAs) like 21, 50 and 200, which indicates weakness. It has faced multiple resistance around the 50-day EMA at around ₹970–980, which has led to fresh selling pressure.

For short-term clues, traders can monitor the immediate support zone of ₹885. Unless Bajaj Finance breaks this support zone on a closing basis, it may oscillate within the range of ₹885 and ₹1,000. A break of this range on a closing basis will provide further directional clues.

Options outlook

Bajaj Finance options trend indicates implied movement of ±6.5% for 24 February expiry. The at-the-money strike on 2 February is at 910, with both the call and put options priced at ₹58. This suggests that traders are expecting a price movement of ±6.5% till its February expiry.

Let’s examine how Bajaj Finance stock has reacted to its quarterly earnings announcements over the past ten quarters to gain insights into its price movements.

Options strategy for Bajaj Finance

As the 24 February expiry approaches, the options market is pricing in a ±6.5% move in Bajaj Finance. This suggests that volatility is expected to be high, making both long and short straddle strategies relevant, depending on one’s view of the magnitude of the move and volatility behaviour.

Traders aiming to benefit from the expected volatility may consider a long straddle. This strategy involves buying an at-the-money call and put with the same strike price and expiry date. The strategy becomes profitable if the stock moves beyond ±6.5% in either direction before the expiry date.

On the other hand, a Short Straddle is better suited when volatility is expected to cool off. In this strategy, the trader sells an at-the-money call and put with the same strike and expiry, reflecting a view that Bajaj Finance will stay within a ±6.5% range following the earnings announcement.

Disclaimer:

Derivatives trading must be done only by traders who fully understand the risks associated with them and strictly apply risk mechanisms like stop-losses. The information is only for educational purposes. We do not recommend any particular stock, securities and strategies for trading. The stock names mentioned in this article are purely for showing how to do analysis. Take your own decision before investing.