Bajaj Finance, the country’s leading non-banking finance company (NBFC), on Tuesday, April 29, reported a net profit of ₹4,480 crore in the January-March quarter, up 17% from ₹3,824.53 crore in the same period last year.
Its net interest income (NII), or the difference between interest earned and interest spent, rose 22% to ₹9,807 crore from ₹8,013 crore in the same period a year ago.
The Pune-based company’s asset quality witnessed a marginal deterioration as its gross non-performing assets (NPAs) as a percentage of total advances came in at 0.96% compared to 0.85% in the same period last year.
Bajaj Finance’s net NPA stood at 0.44% compared to 0.37% in the same period a year ago.
The company booked 1 crore new loans in Q4 FY25, up 36% from 78.7 lakh loans in Q4 FY24. This surge reflects sustained demand across various sectors and continued digital expansion.
Bajaj Finance’s customer base grew to 10.18 crore as of March 31, 2025, up 22% from 8.36 crore a year ago. The company added 47 lakh new customers in the March quarter alone, strengthening its leading position in retail lending.
Bajaj Finance’s assets under management (AUM) grew 26% year-on-year to ₹4,16,661 crore from ₹3,30,615 crore. During Q4 FY25, AUM grew by ₹18,618 crore, underlining strong disbursement momentum and healthy portfolio growth. The company’s board also declared a special interim dividend of ₹12 per share based on exceptional gains from BHFL’s IPO listing in September 2024.
Additionally, a final dividend of ₹44 per share was recommended for FY25, up from ₹36 last year.
To further reward shareholders, the board approved a stock split and bonus issue of four fully paid equity shares for every one share held, subject to shareholders’ approval. Bajaj Finance shares closed 0.03% higher at ₹9,089 per share ahead of its earnings announcement.
