Bajaj Finance Q2 Shockwave: Core Profit Jumps 24%! Customer Base & Loans Skyrocket!

Bajaj Finance unveiled impressive financial results for the September quarter of FY26. The company's core profit surged by 24%, reaching Rs 4,251 crore. This adjusted figure, which excludes a one-time gain from the sale of shares in Bajaj Housing Finance during its IPO last year, shows robust underlying business growth. Year-on-year, excluding this exceptional item, profit grew from Rs 3,433 crore to Rs 4,251 crore.

Revenue from operations climbed 18.6% to Rs 17,184.4 crore, fueled by an 18.8% increase in interest income. Expenses grew at a controlled pace of 16.6%, indicating enhanced operational efficiency. Consolidated net profit also saw a healthy 22% rise to Rs 4,875 crore.

The lender experienced substantial expansion in its loan book and customer franchise. Bajaj Finance booked 1.2 crore new loans in the quarter, a significant increase from 97 lakh a year prior. Its customer base expanded by 20% year-on-year to 11.1 crore, with an addition of 41 lakh customers in the quarter. Assets Under Management (AUM) grew by 24% to Rs 4,62,261 crore as of September 30, 2025, with Rs 20,811 crore added in the quarter.

Impact: This news signals strong operational performance and strategic execution by Bajaj Finance. The substantial growth in loan book, customer base, and AUM indicates healthy demand for its products and effective market penetration. This positive sentiment is likely to be well-received by investors, potentially boosting the company's stock performance and positively influencing the Non-Banking Financial Company (NBFC) sector. Rating: 8/10.

Difficult terms: * **Core profit**: Profit generated from the primary business activities of a company, excluding any non-recurring or exceptional income or expenses. * **Standalone profit after tax**: The profit of the parent company itself, after deducting all taxes, without including the profits or losses of its subsidiaries. * **Exceptional item**: A material item of income or expense that is not expected to recur, arising from ordinary activities of an entity, and is disclosed separately due to its significance. * **Profit before exceptional items and tax**: The profit figure calculated before accounting for taxes and any exceptional gains or losses. * **Revenue from operations**: The total income a company earns from its principal business activities, such as selling goods or providing services, before deducting costs. * **Interest income**: The income earned by a financial institution from lending money, such as interest on loans and investments. * **Assets under management (AUM)**: The total market value of the investments that a financial institution manages on behalf of its clients. * **Quarterly accretion**: The amount by which Assets Under Management (AUM) increase during a specific quarter.