Bajaj Finance Q2 consolidated net profit rises 29% to Rs 6,367 crore

Bajaj Finance reported a 29% year-on-year rise in consolidated net profit to Rs 6,367 crore for Q2, driven by 24% growth in net interest income to Rs 13,335 crore and a 23% increase in net total income to Rs 15,974 crore. Consolidated assets under management grew 26% to Rs 5.85 lakh crore, with the company guiding for 26-27% AUM growth in FY27 and the addition of 18-20 million customers. Asset quality improved, with gross NPAs declining to 1.06% from 1.24%, while the company announced a Rs 17,500-crore capital-raising plan through a QIP and preferential warrants to fund growth.