Bajaj Finance Q1 profit climbs 28% to ₹6,081 crore as retail credit demand lifts AUM
Bajaj Finance beat analyst estimates with Q1 consolidated profit after tax of ₹6,081 crore, up 28% year on year. Assets under management rose 24%, net interest income grew 23% to ₹12,571 crore, and gross NPAs improved to 0.96% from 1.01% in the previous quarter.
Bajaj Finance reported a 28% rise in Q1 consolidated profit to ₹6,081 crore, beating estimates, as retail credit demand lifted loan growth. AUM grew 24%, while tighter underwriting improved asset quality and reduced its gross NPA ratio to 0.96%.
Why this matters
Bajaj Finance’s result follows a prior signal projecting 20–25% Q1 profit growth on AUM expansion and another reporting ₹5,986 crore Q1 profit as AUM crossed ₹4 lakh crore. It also aligns with record consumer loans amid higher electronics prices.
Retail-company signals are accelerating, up 314200% quarter on quarter.