Bajaj Finance reported a consolidated Profit After Tax (PAT) of ₹4,066 crore for Q3 FY26. Assets under management reached ₹484,477 crore. The company enhanced its provisioning framework, leading to an accelerated ECL provision of ₹1,406 crore. There was a one-time exceptional charge of ₹265 crore due to increased gratuity liabilities from new labor codes. The customer franchise grew to 115.40 million.
Financial Performance Overview
Bajaj Finance (BFL) announced its consolidated financial results for Q3 FY26, highlighting key performance indicators:
Profit After Tax (PAT) for Q3 FY26 stood at ₹4,066 crore.
Assets Under Management (AUM) reached ₹484,477 crore.
Key Performance Indicators
Several key performance indicators contributed to Bajaj Finance’s performance this quarter:
- New loans booked in Q3 FY26 increased by 15% to 13.90 million.
- The customer base reached 115.40 million as of December 31, 2025, a 19% increase.
- Net interest income grew by 21% to ₹11,317 crore in Q3 FY26.
- Total income increased by 19% in Q3 FY26 to ₹13,875 crore.
Provisioning and Asset Quality
The company has strengthened its provisioning framework, influenced by economic conditions:
- Accelerated ECL provision of ₹1,406 crore was made.
- Gross NPA and Net NPA stood at 1.21% and 0.47%, respectively.
Subsidiary Performance Highlights
Bajaj Housing Finance Limited (BHFL):
- Assets under management grew by 23% to ₹133,412 crore.
- Net interest income increased by 19% to ₹963 crore.
Bajaj Financial Securities Limited (BFinsec):
- Assets under finance grew by 63% to ₹8,790 crore.
- Total income increased by 52% to ₹167 crore.
Source: BSE
