Bajaj Finance's Q2 FY26 profit up 23% on strong AUM growth

Bajaj Finance Limited announced a consolidated profit after tax of ₹4,948 crore for Q2 FY26, a 23% increase compared to ₹4,014 crore in Q2 FY25. Consolidated assets under management (AUM) reached ₹462,261 crore as of September 30, 2025, up 24% from ₹373,924 crore in the previous year. New loans booked also saw a substantial rise, with 12.17 million loans in Q2 FY26, a 26% growth from 9.69 million in Q2 FY25.

The company's consolidated net total income grew by 20% to ₹13,170 crore in Q2 FY26, compared to ₹10,946 crore in Q2 FY25. Pre-provisioning operating profit increased by 21% to ₹8,874 crore, up from ₹7,307 crore. Loan losses and provisions for Q2 FY26 stood at ₹2,269 crore, an increase of 19% from ₹1,909 crore in Q2 FY25.

On a standalone basis, profit after tax excluding exceptional gains and tax thereon increased by 24% to ₹4,251 crore in Q2 FY26, from ₹3,433 crore in Q2 FY25. Standalone AUM grew by 23% to ₹338,121 crore. The Gross NPA and Net NPA ratios as of September 30, 2025, were 1.59% and 0.77%, respectively, with a provisioning coverage ratio on stage 3 assets of 52%.