Net profit for the quarter rose 22% year-on-year to ₹5,465 crore, compared with ₹4,480 crore a year ago. However, the figure was marginally below the CNBC-TV18 poll estimate of ₹5,524 crore.
Net interest income (NII), or core income, grew 20% to ₹11,781 crore from ₹9,807 crore last year, also coming in lower than estimates of ₹11,853 crore.
The NBFC had reported its business update for the March quarter earlier this month with growth in its Assets Under Management (AUM) managing to meet expectations and cross the milestone of ₹5 lakh crore.
For the quarter, AUM grew by 22.4% to ₹5.1 lakh crore. However, the deposit book was down 4% from last year, while new loans booked grew by 20.5% on a year-on-year basis to 12.89 million.
Customer franchise at the end of the quarter stood at 119.33 million, increasing by 3.93 million in the previous quarter.
On the capital return front, the board recommended a final dividend of ₹6 per share for FY26, including a special payout of ₹0.60 per share linked to gains from the sale of Bajaj Housing Finance shares. The dividend, subject to shareholder approval, is expected to be credited around August 3, 2026.
The company continued to make additional provisioning adjustments during the year, including accelerated expected credit loss provisions and one-time charges, aimed at strengthening balance sheet resilience.
Shares of Bajaj Finance ended at ₹932.80 on the NSE ahead of the results announcement. The stock has risen 17% over the last one month.
