Bajaj Finserv Q2 Results: Net profit jumps 23% YoY to Rs 2,758 crore, shares rise 2%

Bajaj Finserv on Tuesday reported a consolidated net profit of Rs 2,758 crore for the July-September quarter of FY27, marking an around 23% year-on-year increase from the Rs 2,244 crore reported in the corresponding quarter of the previous financial year.

The firm’s revenue from operations, meanwhile, increased around 17% YoY to Rs 43,416 crore during the second quarter of FY27, from Rs 37,215 crore reported in the year-ago period. The shares gained around 2% following the earnings announcement, trading at around Rs 1,719 apiece on NSE.

Bajaj Finserv’s total income rose 17% YoY to Rs 43,416 crore during the quarter under review.


Bajaj Finance Q2 performance
Among its segments, Bajaj Finance recorded an increase of 4.42 million in its customer franchise and booked 13.45 million new loans. Its quarterly net profit increased by 29%, while loan losses and provisions increased by 4% to Rs 2,166 crore. Its subsidiaries, Bajaj Housing Finance and Bajaj Financial Securities, recorded growth of 18% and 36%, respectively, in profit after tax.

Bajaj Finance’s Assets Under Management (AUM) increased by 26% YoY to stand at around Rs 5.85 lakh crore as of September 30, 2026. Its asset quality also improved, with the gross NPA ratio and net NPA ratio easing to 1.06% and 0.42%, from 1.24% and 0.60%, respectively, in the year-ago period.

Bajaj General Q2 performance
Bajaj General recorded 10% growth in gross written premium to Rs 7,056 crore during the second quarter of FY27. Excluding bulky tender-driven crop and government health businesses, growth was strong at 21%.

Its net earned premium for Q2 increased by 23% YoY to Rs 2,947 crore, from Rs 2,404 crore in the corresponding quarter of the previous financial year. The claim ratio, meanwhile, increased to 83.7% from 75.8% in the year-ago period. Profit, however, declined nearly 19% YoY to Rs 420 crore from Rs 517 crore in the year-ago period.

Bajaj General’s solvency ratio stood at 229% as of September 30, 2026, well above the minimum regulatory requirement of 150%. Its assets under management (AUM), meanwhile, increased around 4% YoY to Rs 34,974 crore at the end of the quarter under review.

Bajaj Finserv share price
Bajaj Finserv shares gained over 2% in a week but declined around 1% in a month and 16% in 2026 so far. The stock is down more than 17% over the past year.

Over the longer term, the company’s shares have delivered positive returns of around 12% over three years but declined 2% over five years. The company has a market capitalisation of around Rs 2.75 lakh crore.

Disclaimer: This article has been written by Debaroti Adhikary, who is not a SEBI-registered Research Analyst or an Investment Adviser. Debaroti Adhikary and his/her ‘relative(s)’ (as defined under Section 2(77) of the Companies Act, 2013) do not hold any financial interest in the companies mentioned in this article as of the date of publication. The views/recommendations mentioned in this article, wherever applicable, are those of the respective SEBI-registered Research Analyst/brokerage and have been reproduced/reported with due attribution. They should not be construed as the views or recommendations of The Economic Times Digital or the journalist. Readers are advised to consider the original research report and make their investment decisions based on their own assessment. Brokerage disclaimers here.