HighPositive
Announced Fri, 3 Jul · 09:33 IST

Bajaj Finance shares gain 2% after Q1 business update; AUM rises to Rs 5.46 lakh crore

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Bajaj Finance shares rose 2% after its Q1 FY27 business update showed AUM grew 24% YoY to about Rs 5.46 lakh crore, with new loans booked rising 20% YoY to 16.13 million and customer franchise reaching 124.43 million. The deposit book stood at about Rs 68,500 crore. In the preceding quarter, Q4 FY26 consolidated net profit rose 22% YoY to Rs 5,553 crore, with AUM crossing the Rs 5 lakh crore milestone and gross NPA stable at 1.01%.