Bajaj Finance Reports 22% Increase in Q4 Net Profit to ₹5,465 Crore
Bajaj Finance Q4 PAT jumps 22% YoY to Rs 5,465 cr
Business Standard
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Bajaj Finance's consolidated net profit for Q4 FY26 surged by 21.99% year-on-year to ₹5,465 crore. The company's total revenue also rose by 18.1% to ₹21,606 crore, driven by a significant increase in new loans and assets under management, which crossed ₹5 lakh crore.
- 01Consolidated net profit increased by 21.99% YoY to ₹5,465 crore.
- 02Total revenue from operations rose by 18.1% to ₹21,606 crore.
- 03New loans booked grew by 20% to 12.89 million.
- 04Assets under management reached ₹5,09,975 crore, marking a 22% increase.
- 05The board recommended a final dividend of ₹6 per equity share.
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Bajaj Finance reported a 21.99% increase in consolidated net profit to ₹5,464.57 crore for Q4 FY26 compared to the same quarter last year. The total revenue from operations rose by 18.1% to ₹21,605.79 crore. The profit before tax (PBT) also saw a substantial rise of 31.21% to ₹7,409.84 crore. The company booked 12.89 million new loans during the quarter, reflecting a 20% growth year-on-year. Additionally, assets under management (AUM) crossed the ₹5 lakh crore mark, reaching ₹5,09,975 crore, a 22% increase from the previous year. Despite an increase in loan losses and provisions, the company maintained a gross non-performing asset (NPA) ratio of 1.01%. The board has proposed a final dividend of ₹6 per equity share for FY26, which includes a special payout due to an exceptional gain from the sale of Bajaj Housing Finance shares. Rajiv Bajaj will step down from the board, while Pramit Jhaveri's reappointment as a non-executive independent director is pending shareholder approval.
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The growth in net profit and revenue indicates a robust lending environment, which may lead to more competitive interest rates for consumers. Additionally, the increase in new loans could facilitate more access to credit for individuals and businesses.
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