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News image for Bajaj Finance Q2 FY27 Profit Climbs 29% YoY to ₹6,367 Crore, NII Rises 24%
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Bajaj Finance Q2 FY27 Profit Climbs 29% YoY to ₹6,367 Crore, NII Rises 24%

Bajaj Finance, a non‑banking financial company, announced its July‑September 2026‑27 quarter results, reporting a 28.7 % year‑on‑year rise in consolidated net profit to ₹6,366.57 crore. The company’s profit in the same period of the previous fiscal year was ₹4,947.76 crore, as per a regulatory filing. Net interest income grew 24 % YoY to ₹13,335 crore from ₹10,785 crore in Q2 FY26. The Pune‑based firm’s assets under management stood at ₹5.85 lakh crore, up 26 % YoY from ₹4.62 lakh crore.

The company’s new loan book expanded 11 % YoY to 13.45 million during the quarter, compared with 12.17 million in September 2025‑26. It plans to disburse 60‑62 million new loans in FY27, as stated in its investor presentation. In Q2 FY27, Bajaj Finance added 4.42 million customers to its franchise, and it expects to add 18‑20 million new customers during FY27. The customer franchise reached 128.85 million as of 30 September 2026, with a cross‑sell franchise of 82.36 million.

Bajaj Finance’s deposit book amounted to ₹69,754 crore, contributing 14 % of its consolidated borrowings. Asset quality improved YoY, with gross non‑performing assets (GNPA) contracting to 1.06 % in Q2 FY27 from 1.24 % in the same period last year. Net NPA (NNPA) also declined to 0.42 % from 0.60 % YoY.

The board of directors approved the re‑appointment of Prashant Verma as Chief Information Security Officer effective 1 February 2027. Verma has served in that role since 1 February 2024. His re‑appointment follows the company’s focus on strengthening cyber‑security and information technology governance.

Bajaj Finance shares closed 2.52 % lower at ₹957.35 per unit on the National Stock Exchange on Monday, 19 October, after the results were declared. Over the month, the stock has fallen 8 %, and it is down 2 % year‑to‑date. The 52‑week high reached ₹1,176.40 on 3 August 2026, while the year‑low was ₹787.90 on 23 March 2026. As of 19 October 2026, the company’s market capitalisation stood at ₹5.96 lakh crore.