Bajaj Finserv reports an 8% increase in consolidated profit after tax to ₹2,244 crore for Q2 FY26, compared to ₹2,087 crore in Q2 FY25. Total income increased by 11% to ₹37,403 crore. Bajaj Finance’s profit after tax rose 22%. Bajaj Life recorded 50% growth in the value of new business. Assets under management at Bajaj Finserv Asset Management reached ₹28,814 crore as of September 30, 2025.
Q2 FY26 Financial Highlights
Bajaj Finserv (BFS) has announced its financial results for Q2 FY26, with key highlights including:
- Consolidated total income: ₹37,403 crore (up 11% year-over-year)
- Consolidated profit after tax: ₹2,244 crore (up 8% year-over-year)
Subsidiary Performance
Key performances from its subsidiaries include:
- Bajaj Finance: Profit after tax increased by 22%. Customer franchise increased by 4.13 million, with 12.17 million new loans booked.
- Bajaj General: Gross written premium increased by 9%. Excluding specific items, business growth was 18%. Profit after tax increased by 5%.
- Bajaj Life: Value of new business increased by 50%.
New Business Growth
Bajaj Finserv is focused on growing its emerging businesses, including Bajaj Finserv Health and Bajaj Finserv Asset Management. Assets Under Management (AUM) at Bajaj Finserv Asset Management reached ₹28,814 crore as of September 30, 2025.
Acquisition Update
The acquisition of a 26% stake in Bajaj Allianz General Insurance and Bajaj Allianz Life Insurance is underway, with approvals received. Upon completion of the initial tranche, the joint venture agreements with Allianz SE will be terminated.
Key Ratios and Figures (Bajaj Life)
Indian GAAP figures for Bajaj Life include:
- New business premium increased by 25% to ₹4,012 crore.
- Solvency ratio stood at 346%.
- Assets Under Management (AUM) reached ₹132,060 crore.
Source: BSE
