Athira Sethu
Kochi, 31 July 2026
Bajaj Finance, India’s largest non-banking finance company (NBFC), delivered a strong financial performance in the first quarter of FY27, reporting a 27% year-on-year rise in net profit. The company continued to benefit from robust loan demand, higher assets under management (AUM), and steady customer acquisition, while maintaining healthy asset quality.
The April-June quarter also saw double-digit growth across key operational metrics, including net interest income, new loan bookings, and customer franchise. Although loan loss provisions remained broadly stable, underlying provisions declined after excluding additional macro-economic buffers, highlighting continued resilience in the lender’s portfolio.
Financial Performance
| Metric | Q1 FY27 | Q1 FY26 | YoY Change |
| Net Profit (₹ crore) | 5,986 | 4,700 | +27% |
| Net Interest Income (₹ crore) | 12,571 | 10,228 | +23% |
Business Growth
| Metric | Q1 FY27 | Q1 FY26 | YoY Change |
| New Loans Booked (million) | 16.13 | 13.49 | +20% |
| Assets Under Management (₹ crore) | 5,46,944 | 4,41,450 | +24% |
| Customer Franchise (million) | 124.43 | 106.51 | +17% |
Asset Quality
| Metric | June 30, 2026 | June 30, 2025 | Change |
| Gross NPA | 0.96% | 1.03% | Improved |
| Net NPA | 0.39% | 0.50% | Improved |
| Provision Coverage Ratio (Stage 3 Assets) | 60% | — | — |
Loan Losses & Provisions
| Metric | Q1 FY27 | Q1 FY26 | YoY Change |
| Loan Losses & Provisions (₹ crore) | 1,993 | 1,969 | +1% |
| Macro-economic & Management Provision (₹ crore) | 296 | — | — |
| Adjusted Loan Losses & Provisions* (₹ crore) | 1,697 | 1,969 | -14% |
*Excludes prudent management and macro-economic provisions.
Credit Ratings
| Rating Agency | Rating |
| CRISIL | AAA/Stable (Long-term), A1+ (Short-term) |
| ICRA | AAA/Stable |
| CARE Ratings | AAA/Stable |
| India Ratings | AAA/Stable |
| S&P Global Ratings | BBB/Stable (Long-term Issuer), A-2 (Short-term Issuer) |
| Moody’s Ratings | Baa3 Corporate Family Rating (Stable Outlook) |
