CriticalPositive
Announced Thu, 30 Jul · 16:51 IST

Bajaj Finance Q1 Results: Net profit jumps 27% to ₹5,986 crore; NII up 23%

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AI summary

Bajaj Finance reported a 27.4% YoY rise in consolidated net profit to Rs 5,986 crore for Q1 FY27, with net interest income up 23% YoY at Rs 12,571 crore. Assets under management grew 24% YoY to Rs 5.46 lakh crore, led by a 112% surge in gold loans and over 100% growth in commercial vehicle and tractor financing. Asset quality improved, with GNPA easing to 0.96% from 1.03% and NNPA to 0.39% from 0.50%, while pre-provisioning operating profit rose 22% YoY to Rs 10,137 crore.