Bajaj Finserv Limited has informed the Exchange about Transcript

Bajaj Finserv reported Q4 FY26 consolidated total income of INR38,508 crore (up 6% reported, 14% excluding MTM impact) and PAT of INR2,539 crore (up 5% reported, 24% excluding MTM impact). The MTM impact on revenue was temporary due to geopolitical tensions affecting insurance companies' FVTPL investments. Key developments include the completed buyback of Allianz's remaining 3% stake in both Bajaj General and Bajaj Life insurance subsidiaries in March 2026, making them 100% Bajaj-owned. Bajaj General's GWP was flat at INR4,322 crore as the company reduced crop and motor exposure amid pricing pressures, with combined ratio at 113.6% for the quarter but healthy 101.9% for full year. Bajaj Life delivered strong VNB growth of 29% to INR709 crore with NBM expanding to 24.5% (from 22.1% YoY), largely mitigating the ~5% GST impact on NBM. Bajaj Finance crossed the INR5 lakh crore AUM milestone (+22%), with PAT of INR5,464 crore and GNPA at 1.01%. The company also outlined plans to enter PMS and AIF businesses through Bajaj Finserv AMC, targeting a break-even AUM of INR1 lakh crore.