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Bajaj Housing Finance Q2 profit rises 18% to ₹757 cr, income up 18.3%
Sentiment: PositiveHigh Priority
What Happened?
Bajaj Housing Finance reported an 18% increase in net profit to ₹757 crore for Q2 FY27, with total income rising 18.3% to ₹3,251 crore. Assets under management grew 25% to ₹1.58 trillion.
Key points
- Net profit for Q2 FY27 is ₹757 crore, up from ₹643 crore in the same quarter last year.
- Total income increased to ₹3,251 crore from ₹2,748 crore year-on-year.
- Net interest income rose 10% to ₹1,055 crore compared to ₹956 crore in Q2 FY26.
- Loan losses and provisions decreased to ₹35 crore from ₹43 crore in the previous year.
- Assets under management reached ₹1.58 trillion as of September 30, 2026.
Key insights
- The increase in net profit suggests effective management and growth strategies.
- AUM growth may enhance the company's market position and investor confidence.
- Decreased loan losses indicate improved risk management practices.
Why it matters
The financial performance indicates strong growth for Bajaj Housing Finance, which could attract more investors.
Tags
Entities
Bajaj Housing Finance· Company
Source
Business Standard
