News ArticleBajaj Finance Reports 28% Growth in H1 FY27 Profit to ₹12,447 Crore, Asset Book Hits ₹5.85 Lakh Crore
Net interest income rises 23%, while customer base expands to 129 million and consolidated AUM grows 26% as India’s GDP outlook remains positive
Bajaj Finance reported a 28% increase in consolidated profit after tax to ₹12,447 crore for the half year ended September 30, 2026. Assets under management rose 26% to ₹5,84,624 crore, supported by strong growth across subsidiaries and a diversified business model. The Company maintains robust capital adequacy and credit ratings, expanding its customer base and leveraging AI technology for operational efficiency.
Bajaj Finance Limited
General / Other
Bajaj Finance Limited announced consolidated financial results for the half year ended September 30, 2026, reporting a 28% increase in profit after tax to ₹12,447 crore amid a 26% growth in assets under management to ₹5,84,624 crore, solidifying its status as a leading and diversified non-banking financial company in India.
The company’s profit before tax grew 29% to ₹16,686 crore, supported by a 23% increase in net interest income to ₹25,905 crore and a corresponding rise in net total income to ₹31,198 crore.
The loan book expanded with new loans booked increasing 15% to 29.58 million, while the overall customer franchise grew 16% to 128.85 million customers as of September 30, 2026.
Gross and Net Non-Performing Assets (NPA) improved to 1.06% and 0.42% respectively, with a provisioning coverage ratio of 60% on stage 3 assets, reflecting prudent credit risk management.
Bajaj Finance strengthened its capital position with a capital adequacy ratio of 20.33%, including Tier-I capital of 19.43%, and maintained a liquidity surplus nearing ₹20,000 crore.
The company’s subsidiaries, Bajaj Housing Finance Limited and Bajaj Financial Securities Limited, also delivered strong performances, contributing to the consolidated growth trajectory.
Highlights
- Consolidated profit after tax for H1 FY27: ₹12,447 crore (28% increase YoY).
- Assets under management grew 26% YoY to ₹5,84,624 crore as of September 30, 2026.
- Customer base expanded 16% to 128.85 million customers.
- New loans booked increased 15% to 29.58 million in H1 FY27.
- Net interest income increased 23% to ₹25,905 crore.
- Gross NPA decreased to 1.06%, Net NPA to 0.42%. Provisioning coverage ratio at 60% on stage 3 assets as of Sept 2026, improved from previous year levels.
Key Data Snapshot
What happened
- Bajaj Finance reported a 28% increase in consolidated profit after tax to ₹12,447 crore for the half year ended 30 September 2026.
- Assets under management climbed 26% to ₹5,84,624 crore, supported by large customer growth and strong loan book expansion.
- Subsidiaries Bajaj Housing Finance Limited and Bajaj Financial Securities Limited also posted solid performance contributing to consolidated results.
- The company’s customer base reached 128.85 million, increasing by 16% year-over-year.
- New loans booked rose 15% to 29.58 million during the half year period.
Financial performance
- Net interest income increased 23% to ₹25,905 crore in H1 FY27 from ₹21,013 crore in H1 FY26.
- Net total income rose 23% to ₹31,198 crore.
- Loan losses and provisions amounted to ₹4,160 crore, including ₹633 crore in prudent management and macro-economic provisions; excluding these, provisions declined by 13%.
- Gross and net non-performing assets improved to 1.06% and 0.42%, respectively, exhibiting better asset quality.
- Capital adequacy ratio including Tier-II capital stood at 20.33%, with Tier-I at 19.43%.
- Liquidity surplus was maintained at ₹19,995 crore as of 30 September 2026.
Operational performance
- Company expanded physical presence to 4,091 locations.
- Bajaj Finserv App net installs reached 94 million.
- Expanded distribution touchpoints to over 254,000 locations.
- Maintained highest domestic credit ratings of AAA/Stable for long-term debt and A1+ for short-term debt.
- Implemented AI technologies to bolster customer engagement, operational productivity, and risk management.
Regulatory and governance context
- In October 2026, board approved proposed capital raising of up to ₹11,700 crore through Qualified Institutions Placement and ₹5,800 crore through preferential issue to promoter Bajaj Finserv Limited.
- Company continues to comply with SEBI Listing Obligations and Disclosure Requirements Regulations.
- Maintains international credit ratings: BBB/Stable and A-2 from S&P Global Ratings and Baa3 stable outlook from Moody’s.
Highlights
- Consolidated profit after tax for H1 FY27: ₹12,447 crore (28% increase YoY).
- Assets under management grew 26% YoY to ₹5,84,624 crore as of September 30, 2026.
- Customer base expanded 16% to 128.85 million customers.
- New loans booked increased 15% to 29.58 million in H1 FY27.
- Net interest income increased 23% to ₹25,905 crore.
- Gross NPA decreased to 1.06%, Net NPA to 0.42%. Provisioning coverage ratio at 60% on stage 3 assets as of Sept 2026, improved from previous year levels.
Disclosures
- SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
Promoter Bajaj Finserv Limited to subscribe to preferential issue shares worth up to ₹5,800 crore
More News on General / Other
View allLatest corporate announcements and market updates in General / Other.
Repco Home Finance Posts ₹116 Crore Q2 Net Profit, Up 8% Year-over-Year
Repco Home Finance Limited announced an 8% growth in its net profit to ₹116 crore for the second quarter of fiscal year 2026-27, accompanied by an increase in assets under management and loan book size.
Read Full Story
Ramky Infrastructure Posts 28% Revenue Rise and 36% PAT Growth for Q2 FY27
Ramky Infrastructure Limited reported a 28.2% increase in consolidated revenue to ₹604.54 crore and a 35.9% growth in profit after tax to ₹102.81 crore for the second quarter ended September 30, 2026.
Read Full Story
Surya Roshni Limited Posts 33% Revenue Growth and Record Steel Pipes Sales in Q2 FY27
Surya Roshni Limited reported strong unaudited Q2 FY27 results with consolidated revenue rising 33% year-on-year to ₹2,448 crore, driven by record steel pipes sales and growth in lighting and consumer durables. Profit after tax increased 3% for the quarter and 26% for the half-year ended September 30, 2026.
Read Full Story
