Bajaj Holdings & Investment Limited (BHIL) announced a 15% increase in consolidated profit after tax for Q3 FY26, reaching ₹2,016 crore compared to ₹1,748 crore in Q3 FY25. In 9M FY26, BHIL sold shares of Bajaj Finserv Limited (BFS), contributing significantly to consolidated and standalone profits. Excluding this sale, consolidated and standalone profits would have been ₹5,681 crore and ₹2,555 crore, respectively.
Financial Performance
In Q3 FY26, Bajaj Holdings & Investment Limited (BHIL) saw its consolidated profit after tax increase by 15%, totaling ₹2,016 crore compared to ₹1,748 crore in Q3 FY25. The standalone profit after tax also rose, reaching ₹181 crore versus ₹84 crore in the previous year.
Key Transactions and Investments
During the first nine months of fiscal year 2026 (9M FY26), BHIL strategically sold 1.04 crore equity shares of its associate company, Bajaj Finserv Limited (BFS), to help fund investments in two insurance companies. This sale contributed to the consolidated and standalone profits for the period.
Excluding the profit from this share sale, the consolidated profit after tax for 9M FY26 would be ₹5,681 crore, while the standalone profit after tax would be ₹2,555 crore. The reported consolidated and standalone profit after tax including the shares of BFS is ₹7,062 crore and ₹4,397 crore respectively.
Subsidiary Performance
Bajaj Auto (standalone) showed strong performance with an EBITDA margin of 20.8% in Q3 FY26. The consolidated profit after tax for Bajaj Auto increased by 25% to ₹2,750 crore.
Bajaj Finserv (consolidated) reported a profit after tax of ₹2,229 crore in Q3 FY26. Adjusting for accelerated ECL provision, New Labour Codes, and tax implications, profit after tax increased by 32%.
Maharashtra Scooters Ltd.‘s profit after tax stood at ₹4 crore in Q3 FY26.
Investment Strategy
As an investment strategy, BHIL earmarked funds for the future purchase of shares of Bajaj General and Bajaj Life Insurance companies.
Source: BSE
