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Bajaj Finance Q2 update: AUM grows 24% YoY

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Bajaj Finance delivered a strong operational performance in the second quarter of FY26, posting a 24% year-on-year (YoY) jump in Assets Under Management (AUM) to approximately Rs 4,62,250 crore, up from Rs 3,73,924 crore as of 30 September 2024.

The company’s deposit book expanded by 5.4% to around Rs 69,750 crore, compared to Rs 66,131 crore in the year-ago period.

The lender’s customer franchise rose to 110.64 million, with 4.13 million new customers added during the quarter, continuing its strong retail traction.

Additionally, the new loan bookings surged 26% to 12.17 million, compared to 9.69 million in Q2 FY25, reflecting solid demand across its lending segments.

During the quarter, Bajaj Finance added nearly Rs 20,800 crore to its AUM. The company noted that all figures are provisional and subject to statutory audit review.


Bajaj Finance Q1 results


Bajaj Finance had reported 22% YoY growth in its consolidated net profit at Rs 4,765 crore in the first quarter of FY26. Net interest income in the same period rose 22% YoY to Rs 10,227 crore.

The profit growth was driven by robust loan growth, an 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.

Bajaj Finance share price history


Over the past one year, the shares of Bajaj Finance have delivered an impressive 33.14% gain, reflecting strong long-term momentum. On a year-to-date basis, it has surged by a remarkable 42.67%, showcasing consistent investor confidence.

Looking at shorter time frames, the stock has climbed 15.10% over the last six months and 8.67% in the past three months, underlining steady upward movement. Even on a one-month basis, it posted a healthy 10.39% rise, signalling robust near-term sentiment as well.

On Friday, Bajaj Finance shares closed flat at Rs 989.65 on the BSE.

Also read: David Solomon of Goldman Sachs sees market drawdown ahead, says AI frenzy may set stage for equity shakeout

( Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)
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