Bajaj Finserv Ltd. has posted impressive growth in its Net Interest Income (NII) for Q2 FY25, driven by robust performance in its lending arm. The company reported a net interest income of ₹8,838 crore for the quarter, a substantial 22.8% year-on-year (YoY) increase compared to ₹7,196 crore in Q2 FY24.
Key Financial Highlights (Q2 FY25 vs. Q2 FY24):
- Interest income surged to ₹14,987 crore, up from ₹11,733 crore in the corresponding quarter last year, reflecting the company’s strong loan book growth.
- Interest expenses also rose to ₹6,149 crore, compared to ₹4,537 crore in Q2 FY24, as the company financed its operations through higher borrowing costs.
- As a result, the Net Interest Income (NII) grew significantly to ₹8,838 crore, compared to ₹7,196 crore in Q2 FY24, reflecting an increase in operational efficiency.
First Half (H1 FY25) Performance:
In the first half of FY25, Bajaj Finserv reported an NII of ₹17,203 crore, compared to ₹13,913 crore in H1 FY24, representing an increase of 23.6%. The company continues to demonstrate strong financial growth, with interest income for H1 FY25 standing at ₹29,036 crore, up from ₹22,553 crore in H1 FY24.
This surge in Net Interest Income (NII) highlights the company’s ability to maintain healthy margins amid rising interest expenses, showcasing its strength in the financial services sector.
Disclaimer: The information provided is for informational purposes only and should not be construed as investment advice.
