Bajaj Housing Finance Reports 14% Profit Growth in Q4 FY26
Bajaj Housing Finance Q4 results: Profit rises 14% to Rs 669 crore; NII up 15%
The Economic TimesImage: The Economic Times
Bajaj Housing Finance reported a 14% increase in profit after tax to ₹669 crore for the March quarter, driven by a 20% rise in net total income to ₹1,141 crore. The company maintained strong asset quality with gross non-performing assets at 0.27%.
- 01Profit after tax rose 14% to ₹669 crore in Q4 FY26.
- 02Net interest income increased 15% to ₹945 crore.
- 03Assets under management grew 23% to ₹1,40,706 crore.
- 04Loan losses and provisions more than doubled to ₹55 crore.
- 05The capital adequacy ratio stood strong at 22.46%.
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Bajaj Housing Finance reported a 14% year-on-year increase in profit after tax, reaching ₹669 crore for the quarter ending March 31, 2026. The company's net total income grew 20% to ₹1,141 crore, bolstered by robust loan growth and stable asset quality. Net interest income saw a 15% rise, totaling ₹945 crore, reflecting the expansion of its loan book. The assets under management (AUM) also experienced a significant increase of 23%, reaching ₹1,40,706 crore, driven by strong demand in housing finance. Despite a rise in provisions, which more than doubled to ₹55 crore, asset quality remained strong with gross non-performing assets (GNPA) at 0.27%. For the full fiscal year FY26, Bajaj Housing Finance's profit after tax increased 18% to ₹2,560 crore, while net interest income rose 25% to ₹3,752 crore. The company maintained a robust capital position with a capital adequacy ratio of 22.46%, positioning itself well for future growth in the housing finance sector.
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The consistent growth in profits and assets positions Bajaj Housing Finance favorably in the housing finance market, potentially leading to more competitive loan offerings for consumers.
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