Bajaj Finance's profit soared by 29% year-on-year to ₹6,367 crore in the second quarter of fiscal year 2027 (Q2 FY27). This increase highlights the company's strong financial performance during the period. The net interest income (NII) also grew by 24%, reaching ₹13,335 crore, compared to ₹10,785 crore in the same quarter of the previous fiscal year.
- Profit increased 29% year-on-year to ₹6,367 crore in Q2 FY27.
- Net interest income grew 24% to ₹13,335 crore.
- Assets under management (AUM) rose 26% year-on-year to ₹5.85 lakh crore.
- New loan book grew 11% to 13.45 million loans.
- Gross non-performing assets (GNPA) improved to 1.06% from 1.24%.
What were the key financial highlights for Bajaj Finance in Q2 FY27?
Bajaj Finance reported a profit of ₹6,367 crore in Q2 FY27, up from ₹4,947.76 crore in the same quarter last year. The company’s net interest income increased by 24% to ₹13,335 crore. Its assets under management (AUM) reached ₹5.85 lakh crore, adding ₹37,680 crore during the quarter. This represents a 26% increase compared to ₹4.62 lakh crore in Q2 FY26.
How did Bajaj Finance's loan portfolio perform?
The new loan book grew by 11% year-on-year to 13.45 million loans in Q2 FY27, compared to 12.17 million in the previous year’s same quarter. The company expects to disburse between 60 and 62 million new loans in the full fiscal year 2027. Additionally, Bajaj Finance added 4.42 million new customers during the quarter and aims to add 18 to 20 million new customers by the end of FY27.
What is the status of Bajaj Finance's customer base?
As of September 30, 2026, Bajaj Finance's customer franchise stood at 128.85 million. The cross-sell franchise, which refers to customers who have multiple products, was 82.36 million. This growth in customers supports the company’s expanding loan book and overall business growth.
How has Bajaj Finance's asset quality changed?
The company’s asset quality improved year-on-year. The gross non-performing assets (GNPA) ratio decreased to 1.06% in Q2 FY27 from 1.24% in Q2 FY26. Similarly, the net non-performing assets (NNPA) ratio declined to 0.42% from 0.60% over the same period. This improvement indicates better credit management and reduced risk.
What other financial details were reported?
Bajaj Finance’s deposit book reached ₹69,754 crore, contributing 14% to its consolidated borrowings. The company’s total market capitalization was ₹5.96 lakh crore as of October 19, 2026. Despite the strong results, shares closed 2.52% lower at ₹957.35 per unit on the National Stock Exchange on the day the results were announced.
Were there any notable management updates?
The board of directors approved the re-appointment of Prashant Verma as Chief Information Security Officer, effective February 1, 2027. Verma has held this position since February 1, 2024.
Frequently Asked Questions
Q: What was Bajaj Finance’s profit in Q2 FY27?
A: The profit was ₹6,367 crore, a 29% increase compared to the same quarter last year.
Q: How much did the net interest income grow?
A: Net interest income grew by 24% to ₹13,335 crore in Q2 FY27.
Q: What is the current assets under management (AUM)?
A: The AUM stood at ₹5.85 lakh crore in Q2 FY27, up 26% year-on-year.
Q: How has Bajaj Finance’s asset quality changed?
A: The gross non-performing assets ratio improved to 1.06% from 1.24%, and net non-performing assets decreased to 0.42% from 0.60% year-on-year.
Q: What are the company’s plans for new loans and customers?
A: Bajaj Finance expects to disburse 60-62 million new loans and add 18-20 million new customers in FY27.
