Bajaj Finance Q4: Firm announces 4:1 bonus issue, 1:2 stock split, special dividend declared; check all details

“The Board of Directors has declared a Special (Interim) Dividend on equity shares at the rate of Rs. 12 per share (600%) of face value of Rs. 2 each for the financial year ended 31 March 2025,” the company said in a statement to the stock exchanges.

The dividend will be dispatched on May 26, 2025.

The company also announced a stock split in the ratio of 1:2. "Sub-division of 1 (one) equity share of face value of ₹2 each fully paid-up into 2 (two) equity shares of face value of Re. 1 each fully paid-up," Bajaj Finance said.

The stock split will be completed on or before June 27, 2025, subject to necessary approvals, it said.

The distribution of the Special (Interim) Dividend will be on account of an exceptional gain resulting from the sale of investment in Bajaj Housing Finance Limited ("BHFL") as part of the IPO listing in September 2024, the firm further said.

The leading non-bank firm has also approved a 4:1 bonus issue, “i.e., 4 (four) bonus equity shares of Re. 1 (Rupee One) each for every 1 (one) equity share of Re. 1 (Rupee One) each fully paid up.”

The Board of Directors has also recommended a final dividend on equity shares at the rate of ₹44 per share (2200%) of a face value of ₹2 each for FY25. The said dividend, if declared by the shareholders at the ensuing Annual General Meeting, will be credited/ dispatched on or about July 28, 2025.

Bajaj Finance reported a net profit of ₹4,480 crore in the January-March quarter, marking an upside of 17% from ₹3,824.53 crore in the same period last year.

Total income during January-March of 2024-25 rose to ₹15,808 crore against ₹12,764 crore in the corresponding year-ago period, Bajaj Finance said in a regulatory filing.

Its net interest income (NII), or the difference between interest earned and interest expended, rose 22% to ₹9,807 crore from ₹8,013 crore in the year-ago period.

During the quarter, assets under management (AUM) grew by 26% to ₹416,661 crore from ₹330,615 crore in Q4 FY25. In the reporting quarter, AUM increased by ₹18,618 crore, underlining robust disbursement momentum and healthy portfolio growth.

Bajaj Finance’s number of new loans booked at 10.10 million as against 7.87 million in Q4 FY24, a growth of 36%.

Customer franchise crossed a milestone of 100 million and stood at 101.82 million as of March 2025, compared to 83.64 million last year in the same period, a growth of 22%. Customer franchise grew by 4.70 million in 04 FY25.

During the quarter, the company re-assessed its income tax position for certain items based on favourable orders of various courts and tribunals.

Accordingly, Bajaj Finance has reversed tax expense for earlier years, amounting to ₹249 crore and reduced the current year's tax provision by ₹99 crore, resulting in overall tax reduction of ₹348 crore in Q4 FY25.

On Tuesday, shares of Bajaj Finance settled at ₹9,105 apiece on National Stock Exchange, rising 0.13%.