Bajaj Finance reports a year-on-year jump in first-quarter profit, citing improving asset quality and higher core income. For the quarter ended 30 June 2026, the company’s profit after tax rises to about ₹6,081 crore—reported as a 27%–28% increase versus the corresponding quarter of the previous fiscal year. Reports also state that net interest income increases by roughly 23% to ₹12,571 crore. Total income is reported to grow around 22% to ₹15,224 crore.
On the expense and credit side, loan losses and provisions rise slightly to about ₹1,993 crore from approximately ₹1,969 crore a year earlier. One outlet notes that the provision includes an additional ₹296 crore described as a “prudent management and macroeconomic overlay,” while provisions excluding this additional amount decline year-on-year.
Asset quality trends improve during the quarter: gross non-performing assets fall to 0.96% (from 1.03%) and net non-performing assets decline to 0.39% (from 0.50%). Assets under management increase to about ₹5,46,944 crore, up roughly 24% from ₹4,41,450 crore a year earlier.
