Bajaj Finance Q1 Results: PAT grows 22% YoY to Rs 4,765 crore, NII jumps 22%

By Pune Media On Jul 24, 2025

Bajaj Finance on Thursday reported 22% YoY growth in its consolidated net profit at Rs 4,765 crore in the first quarter. Net interest income in the same period rose 22% YoY to Rs 10,227 crore.

The profit growth was driven by robust loan growth, expanding customer base, and healthy interest income. Profit before tax stood at Rs 6,368 crore, also up 21% from the same period last year.

The company booked 13.49 million new loans during the quarter, marking a 23% increase over Q1 FY25, while its customer franchise grew 21% to 10.6 crore. During the quarter alone, the lender added 4.69 million new customers.

Assets under management (AUM) surged 25% to Rs 4.41 lakh crore, compared to Rs 3.54 lakh crore in the year-ago period. The AUM rose by Rs 24,789 crore sequentially.

Net total income rose 21% to Rs 12,610 crore. Pre-provisioning operating profit grew at 22%, reaching Rs 8,487 crore.

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Loan losses and provisions saw a sharper rise of 26% to Rs 2,120 crore, compared to Rs 1,685 crore in Q1 FY25. The annualized credit cost for the quarter stood at 2.02% of average assets under finance.Asset quality deteriorated slightly, with gross non-performing assets (GNPA) rising to 1.03% from 0.86% last year, and net NPA increasing to 0.50% from 0.38%. However, the company maintained a healthy provision coverage ratio (PCR) of 52% on Stage 3 assets.Capital adequacy remains strong, with the CRAR at 21.96%, including Tier-I capital of 21.19%.

The consistent growth across loan volumes, interest income, and customer additions underscores Bajaj Finance’s continued dominance in the NBFC sector. However, the slight uptick in asset quality stress and higher provisioning could be watched closely in coming quarters.

On Thursday, Bajaj Finance shares closed 1.22% lower at Rs 956.5 on NSE.

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