Bajaj Finance Limited (BAJFINANCE) — Financial Results | 29 January 2025(5 announcements)

Bajaj Finance reported net profit of ₹1,751.51 crores for Q3 FY25, a 69.9% YoY increase from ₹1,030.71 crores in Q3 FY24, driven by strong loan growth and improved asset quality. The company highlighted robust portfolio expansion and better-than-expected recovery rates as key drivers of profitability.

Bajaj Finance reported a 18% YoY PAT increase to ₹4,308 crore for Q3 FY25, driven by 28% YoY AUM growth to ₹3,98,043 crore and record loan bookings of 12.06 million. Credit quality remained stable with GNPA at 1.12% and NNPA at 0.48%, while cost efficiency improved to 33.1% of net income. The company advanced its Omnipresence strategy through a partnership with Bharti Airtel for 9 products on the Airtel Thanks App.

{ "summary": "Bajaj Finance reported consolidated net profit of ₹1,583.88 crores for Q3 FY25, up 32% YoY from ₹1,196.88 crores in Q3 FY24, driven by strong loan growth and improved asset quality. The company also announced a stock option grant of 882,182 shares to employee trust trustees, approved during a board meeting held on 29 January 2025.", "extractedFields": { "keyEvent": "Board approved issuance of 882,182 equity shares to employee trust under stock option scheme.", "whatChanged": "Net profit rose 32% YoY to ₹1,583.88 crores; stock options granted to 882,182 shares.", "forwardGuidance": "null", "investorTakeaway": "Shareholders benefit from robust profit growth and proactive employee incentive measures supporting long-term stability.", "sentiment": "positive" }

Bajaj Finance reported ₹18,058.32 crores revenue for Q3 FY25, up 32% YoY, with profit after tax at ₹4,308.19 crores, reflecting a 69.9% YoY increase. The results underscore robust growth in lending and asset expansion, supported by strategic investments in Bajaj Housing Finance and Bajaj Financial Securities.

Bajaj Finance reported a 17% YoY rise in profit after tax to ₹4,308 crore for Q3 FY25, driven by 28% growth in assets under management to ₹398,043 crore and 22% increase in net interest income. Gross NPA stood at 1.41% and net NPA at 0.61%, with provisioning coverage ratio at 57%. The results include impact of Bajaj Housing Finance IPO reducing promoter stake to 88.75%.