Bajaj Finance reported a strong performance for Q4 FY26, driven by robust growth in profit, net interest income, and assets under management, while asset quality remained largely stable with sequential improvement.
The company posted a net profit of ₹5,465 crore in Q4, compared to ₹4,480 crore in the same quarter last year, marking a growth of ~22.0% YoY. The steady rise in earnings reflects healthy loan growth and stable operating performance.
Net Interest Income (NII) came in at ₹11,781 crore versus ₹9,807 crore YoY, registering an increase of ~20.1% YoY, supported by strong disbursements and expansion in the loan book.
Assets Under Management (AUM) stood at ₹5,09,975 crore, recording a solid growth of 22% YoY. The continued scale-up highlights strong demand across retail and SME lending segments.
Pre-Provision Operating Profit (PPOP) rose to ₹9,408 crore, reflecting a 21% YoY growth, indicating strong operating efficiency and core income momentum.
On the provisioning front, the company reported one-time additional Expected Credit Loss (ECL) provisions of ₹142 crore, significantly lower than ₹359 crore in the year-ago period, translating to a 60% YoY decline.
Asset quality metrics remained broadly stable, though with slight sequential pressure. Gross Non-Performing Assets (GNPA) stood at 1.01%, compared to 0.96% YoY and 1.21% QoQ, showing improvement on a quarterly basis but a marginal rise annually. Net NPA (NNPA) came in at 0.41%, improving from 0.44% YoY and 0.47% QoQ.