Bajaj Finance Q1 FY27: 28% Profit Growth, Improved Asset Quality

New Delhi, Jul 30 (PTI) NBFC Bajaj Finance on Thursday reported a 28 per cent year-on-year rise in consolidated profit after tax (PAT) to Rs 6,081 crore for the June quarter of FY27, driven by growth in core income and improvement in asset quality.

The company posted a PAT of Rs 4,765 crore in the corresponding quarter of the previous financial year.

Net interest income grew by 23 per cent to Rs 12,571 crore during the April-June period of FY27 as against Rs 10,228 crore year-earlier, Bajaj Finance said in a stock exchange filing.

The NBFC's net total income climbed by 22 per cent to Rs 15,224 crore during the quarter under review as against Rs 12,460 crore in the three months ended June 30, 2025.


During the quarter, loan losses and provisions stood at Rs 1,993 crore, up slightly from Rs 1,969 crore in Q1 FY26.

However, this quarter's figures include a prudent management and macroeconomic overlay of Rs 296 crore. Excluding this one-off provision, core loan losses and provisions actually declined by 14 per cent year-over-year to Rs 1,697 crore.

The bank's asset quality strengthened, with Gross Non-Performing Assets (GNPA) improving to 0.96 per cent as of June 30, 2026 from 1.03 per cent a year earlier, while Net Non-Performing Assets (NNPA) dropped to 0.39 per cent from 0.50 per cent over the same period.

Assets under management (AUM) surged 24 per cent to Rs 546,944 crore as of June-end from Rs 441,450 crore a year earlier.

Shares of Bajaj Finance were settled at Rs 1,056.05 on the BSE, up 0.18 per cent from the previous close.