The company posted a consolidated profit after tax (PAT) of ₹2,538.67 crore in Q4 FY26, compared with ₹2,416.64 crore in the same period last year. Revenue from operations increased 5.65% year-on-year to ₹38,493.79 crore (around ₹0.38 lakh crore).
The Board of Directors approved the results at a meeting held on Thursday and recommended a dividend of ₹1.50 per equity share of face value ₹1 for FY26, translating to 150% payout.
This includes a 20% special dividend to mark 100 years of the Bajaj Group.
The total dividend outgo stood at ₹240 crore, higher than ₹160 crore in the previous year.
For FY26, Bajaj Finserv highlighted continued expansion across its financial services businesses. Bajaj Finance crossed 50 million new loans booked during the year, while consolidated assets under management (AUM) exceeded ₹5 lakh crore. The company also reported that Bajaj Finance’s consolidated PAT rose 22% before accounting adjustments related to expected credit loss provisions, new labour codes, and tax impacts. Bajaj Housing Finance posted an 18% increase in profit after tax.
In the insurance segment, Bajaj General Insurance retained its position as the third-largest general insurer by gross direct premium, ahead of three public sector peers. Bajaj Life Insurance held the sixth rank among private players in retail weighted received premium and reported an improvement in Value of New Business despite a challenging environment.
Bajaj Finserv Asset Management reported quarterly average AUM of ₹30,627 crore and closing AUM of ₹26,819 crore as of March 31.
The group also reported that losses from emerging businesses—including Bajaj Finserv Health, Bajaj Finserv Direct, and Bajaj Finserv Asset Management—widened to ₹539 crore in FY26 from ₹429 crore a year earlier, in line with planned investments.
Separately, Bajaj Finserv said it had completed the acquisition of Allianz’s 26% stake in its insurance subsidiaries, taking ownership of Bajaj General and Bajaj Life Insurance to 100%.
Bajaj Alternate Investment Management Limited, a wholly owned subsidiary, continued its set-up process for alternative investment strategies focused on early-stage equity and real estate AIFs and is awaiting regulatory approvals to commence operations.
