Bajaj Housing Finance Q1 profit rises 23% as AUM climbs 24%
Bajaj Housing Finance reported June-quarter net profit of ₹715 crore, up 22.6% year on year, as assets under management grew 24% to ₹1.50 lakh crore. Asset quality remained steady, with gross NPA at 0.29% and net NPA at 0.12%.
Bajaj Housing Finance posted a 22.6% year-on-year rise in June-quarter profit to ₹715 crore, supported by business growth and lower provisions. AUM rose 24% to ₹1.50 lakh crore, while asset quality remained stable.
Why this matters
The results reinforce Bajaj Housing Finance's recent Q1FY27 signal, which reported profit up 22.6% year on year to ₹715.28 crore, with AUM growth and stable NPAs supporting the earnings increase.
Retail-company signals are accelerating, up +406333% quarter on quarter.