India's largest NBFC Bajaj Finance reported a 15% year-on-year jump in new loans booked in the December-ended quarter to 1.39 crore compared to 1.21 crore in the year ago period. The company's Assets under management (AUM) grew by 22% or Rs 23,600 crore to approximately Rs 4,85,900 crore in the quarter under review versus Rs 3,98,043 crore as of December 31, 2024.Bajaj Finance's customer franchise stood at 11.54 crore as of December 31, 2025 compared to 9.71 crore as of December 31, 2024. In Q3FY26, the customer franchise increased by 47.6 lakh.The deposits book stood at approximately Rs 71,000 crore as of December 31, 2025 as compared to Rs 68,797 crore as of December 31 2024.The numbers are provisional and the company declared them on Saturday as part of its Q3 update.The shares of Bajaj Finance ended at Rs 990.55 on the NSE on Friday, gaining by 1.8%.Also read: PNB Q3 updates: Global business grows 9.6% YoY to Rs 28.92 lakh crore, advances jump 11%The stock has been a top Nifty performer with 34% gains over a 1-year period compared to the Nifty's 9% returns. The stock is trading above its 200-day simple moving average (SMA) of Rs 952 while below its 50-day SMA of Rs 1,024.Bajaj Finance reported a 22% jump in its consolidated Q2 net profit at Rs 4,875 crore versus Rs 4,000 crore in the year ago period. The profit after tax (PAT) is attributable to the owners of the company and missed Street's estimates of Rs 4,969 crore. The net interest income (NII) increased by 22% in Q2FY26 to Rs 10,785 crore from Rs 8,838 crore in the year ago period.The NBFC reported a net total income of Rs 13,170 crore, which jumped 20% in Q2FY26 from Rs 10,946 crore in Q2FY25. The Pre-provisioning operating profit increased by 21% in Q2FY26 to Rs 8,874 crore from Rs 7,307 crore in Q2 FY25.Number of new loans booked in Q2FY26 was 1.22 crore as against 97 lakh in Q2FY25, a growth of 26%.Read more: Avenue Supermarts Q3 Updates: Standalone revenue jumps 13% YoY to Rs 17,613 crore(Disclaimer: The recommendations, suggestions, views, and opinions given by the experts are their own. These do not represent the views of The Economic Times.)
Bajaj Finance Q3 updates: New loans booked in December quarter grow 15% YoY, AUM jumps 22%
Published 1 day ago
Source: economictimes.indiatimes.com
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