Bajaj Finance Q3 Updates: Strong Growth in New Loans and AUM
India’s largest non-banking financial company (NBFC), Bajaj Finance, has showcased impressive growth in its Q3 performance, highlighting a robust demand for its services.
Key Financial Highlights
– New Loans Booked: The total number of new loans booked in the December quarter of FY26 reached 1.39 crore, marking a 15% increase year-on-year from 1.21 crore in the same period last year. This underscores the company’s strong market position and expanding customer base.
– Assets Under Management (AUM): Bajaj Finance’s AUM escalated by 22%, amounting to approximately Rs 4,85,900 crore. This is an increase of Rs 23,600 crore from Rs 3,98,043 crore as recorded on December 31, 2024.
– Customer Franchise Growth: The company’s customer base has grown significantly, rising to 11.54 crore as of December 31, 2025, up from 9.71 crore the previous year. This reflects an addition of 47.6 lakh customers in Q3FY26 alone.
– Deposits: Bajaj Finance’s deposits reached about Rs 71,000 crore, a rise from Rs 68,797 crore as of December 31, 2024.
Stock Performance
The company’s shares performed well, closing at Rs 990.55 on the NSE, reflecting a 1.8% increase. Over the past year, Bajaj Finance has emerged as a top performer within the Nifty, achieving 34% gains, significantly outperforming the Nifty’s overall 9% return.
Financial Performance
– Net Profit: Bajaj Finance reported a consolidated net profit of Rs 4,875 crore for Q2FY26, up 22% from Rs 4,000 crore last year but slightly below the market estimate of Rs 4,969 crore.
– Net Interest Income (NII): The NII increased by 22% in Q2FY26, reaching Rs 10,785 crore, compared to Rs 8,838 crore during the same quarter last year.
– Total Income: The net total income soared to Rs 13,170 crore, representing a 20% increase from Rs 10,946 crore in Q2FY25.
– Pre-Provisioning Operating Profit: This rose by 21% to Rs 8,874 crore, up from Rs 7,307 crore in Q2FY25.
Conclusion
Bajaj Finance’s recent performance in the December quarter highlights a significant upward trend in both new loans and assets under management. With a growing customer base and strong financial results, the company is well-positioned to maintain its leadership in the NBFC sector. These impressive figures reinforce its committed strategy to meet the financial needs of its expanding clientele, ensuring continued growth and stability in the coming quarters.