Bajaj Housing Finance’s September-quarter profit rises 18% to ₹757 crore as assets under management grow 25%

Bajaj Housing Finance Limited has told the exchanges that it released its unaudited results for the quarter and half year ended 30 Sep 2026 on 16 Oct 2026. Profit after tax for the September quarter rose 18% to ₹757 crore from ₹643 crore a year earlier, and revenue from operations rose 18% to ₹3,250.57 crore from ₹2,748.04 crore.

Assets under management grew 25% to ₹1,58,205 crore as of 30 Sep 2026, from ₹1,26,749 crore a year earlier. Net interest income rose 10% to ₹1,055 crore from ₹956 crore, and net total income rose 15% to ₹1,254 crore from ₹1,090 crore. Profit before tax was ₹980 crore, against ₹833 crore. Revenue from operations was 6% above the ₹3,063.02 crore of the June 2026 quarter.

Operating expenses were 19.1% of net total income, against 19.7% a year earlier. Loan losses and provisions were ₹35 crore, against ₹43 crore. Gross NPA stood at 0.29% and net NPA at 0.12% on 30 Sep 2026, against 0.26% and 0.12% on 30 Sep 2025.

The capital adequacy ratio, including Tier-II capital, was 21.24%. The company says it holds the highest credit rating of AAA/Stable for its long-term debt programme from CRISIL and India Ratings, and A1+ for its short-term debt programme.

Inference

Profit grew at about the same pace as revenue and net total income, and operating costs took a slightly smaller share of income than a year earlier. Net interest income grew more slowly than assets under management, which the filing shows as 10% against 25%.

Gross NPA edged up from 0.26% to 0.29% while net NPA was unchanged. For a lender, the capital adequacy ratio shows how much capital it holds against its risk-weighted assets, and the filing reports it at 21.24%.