Bajaj Housing Finance Limited (Bajaj HFL) has provided a business update for the quarter ended 31 December 2024, showcasing impressive growth across its key financial metrics. The company reported a robust 26% year-on-year increase in assets under management (AUM), which reached approximately ₹1,08,300 crore as of 31 December 2024, compared to ₹85,929 crore at the same time in 2023.
This growth is particularly noteworthy as AUM for Q3 FY25 saw an increase of around ₹5,730 crore, highlighting the company’s ability to generate significant growth in its managed assets.
In addition to the growth in AUM, Bajaj HFL’s loan assets (AR) stood at approximately ₹95,550 crore as of 31 December 2024, reflecting a strong 30% increase from ₹73,197 crore recorded as of 31 December 2023. This increase in loan assets further underscores the company’s solid performance and continued expansion in the housing finance sector.
These financial figures, however, are provisional and subject to a limited review by the statutory auditors of Bajaj HFL. The company’s business update demonstrates its ongoing positive trajectory, positioning it well for continued growth in the future.