Bajaj Finserv Limited (BFS) has announced its unaudited financial results for the quarter ended June 30, 2026. The company reported a consolidated total income of ₹42,037 crore, an 19% increase year-on-year. Consolidated profit after tax saw an 18% rise to ₹6,297 crore. Additionally, the Board approved the issue of 15,11,358 equity shares to the Bajaj Finserv ESOP Trust.
Bajaj Finserv Reports Strong Q1 FY27 Performance
Bajaj Finserv Limited (BFS) has declared its unaudited financial results for the first quarter of fiscal year 2027, ending June 30, 2026. The company demonstrated robust growth across key financial metrics. Consolidated total income for the quarter reached ₹42,037 crore, marking a substantial 19% increase compared to the same period last year. The consolidated profit after tax also saw significant growth, rising by 18% to ₹6,297 crore.
Key Financial Highlights
- Consolidated total income: ₹42,037 crore (up 19% YoY)
- Consolidated profit after tax: ₹6,297 crore (up 18% YoY)
- Consolidated profit after tax attributable to owners: ₹3,132 crore (up 12% YoY)
- Bajaj Finance consolidated profit after tax: ₹6,081 crore (up 28% YoY)
- Bajaj General profit after tax: ₹478 crore
- Bajaj Life net value of new business (VNB): ₹271 crore (up 87% YoY)
Share Issuance for ESOP Trust Approved
In a significant corporate decision, the Board of Directors has approved the issuance of 15,11,358 equity shares of face value ₹1 each. These shares will be issued to the Bajaj Finserv ESOP Trust at applicable grant prices, in accordance with the Bajaj Finserv Limited Employee Stock Option Scheme and SEBI regulations. This move is aimed at incentivizing employees through stock options.
Approval for Re-insurance Business
Furthermore, the Board has granted its approval for the company to pursue re-insurance business through a new subsidiary. This venture is subject to the necessary approvals from the Insurance Regulatory and Development Authority of India (IRDAI) and other relevant authorities. This strategic expansion into re-insurance indicates a move to diversify the company’s offerings and operational scope.
Financial Results Availability
The unaudited standalone and consolidated financial results for the quarter ended June 30, 2026, along with limited review reports and a press release, have been submitted and are available on the company’s website and the websites of the BSE and NSE.
Source: BSE
