Bajaj Finance stock in focus as lender posts 29% profit growth

Bajaj Finance reported stronger operating performance for the quarter ended September 30, 2026, with consolidated profit after tax rising 29 percent year over year to INR 6,367 crore. Moneycontrol reported the figures on November 3, 2026.

Lending growth remains broad-based

Net total income increased 23 percent to INR 15,974 crore. Assets under management reached INR 5.84 lakh crore at the end of September, up from INR 4.62 lakh crore a year earlier. The portfolio included INR 1.58 lakh crore at Bajaj Housing Finance.

The lender added 4.42 million customers and booked 13.45 million new loans during the quarter. Loan losses and provisions rose 4 percent to INR 2,166 crore, including management and macroeconomic provisions of INR 337 crore.

Credit quality supports the outlook

Gross non-performing assets declined to 1.06 percent from 1.24 percent a year earlier, while net non-performing assets fell to 0.42 percent from 0.60 percent. The provisioning coverage ratio for Stage 3 assets stood at 60 percent, and the capital adequacy ratio was 20.33 percent at September 30.

The combination of portfolio expansion and lower reported delinquency ratios gives investors two important indicators for the next results cycle. Provisioning trends and the pace of asset growth will remain central to assessing whether earnings momentum can continue without a deterioration in credit costs.

The broader Indian equity market remains the relevant backdrop for Bajaj Finance investors, with the BSE Sensex providing market context.

More company developments can be followed through more news and analyses on Bajaj Finance stock.