Bajaj Finance, headquartered in Mumbai, reported a consolidated net profit of ₹5,464.6 crore for the quarter ending March 31, representing a 22% increase compared to the same quarter last year. This growth is primarily driven by a 20% rise in net interest income, which reached ₹11,781 crore. The company's assets under management (AUM) also saw a significant increase, growing 22% to ₹5.09 lakh crore, up from ₹4.16 lakh crore in Q4FY25. Despite the growth, the gross non-performing assets (NPA) ratio slightly increased to 1.01% from 0.96% in the previous year. In a separate announcement, Rajiv Bajaj, managing director of Bajaj Auto, will step down from the Bajaj Finance board and will not seek re-election at the upcoming annual general meeting on July 30.