Bajaj Finserv Reports Record-Breaking Q1 Profit of ₹2,789 Crore
Bajaj Finserv Reports Record-Breaking Q1 Profit of ₹2,789 Crore
Bajaj Finserv Limited has announced its strongest quarterly performance yet, with a consolidated Profit After Tax (PAT) of ₹2,789 crore for Q1 FY26. This represents a 30.4% year-on-year increase, driven by robust growth across insurance, lending, and financial services.
Key Highlights:
– Consolidated PAT: ₹2,789 crore (up 30.4% YoY)
– Revenue: ₹35,439-₹35,451 crore (up 12.6-13% YoY)
– Bajaj Finance PAT: ₹4,133 crore (up 22% YoY)
– Assets Under Management (AUM): ₹4.41 lakh crore (up 25% YoY)
– New loan originations: 13.49 million (up 23% YoY)
– Customer base: over 106 million (up 4.7 million)
Segment Performance:
Bajaj Finance: PAT up 20% YoY to ₹4,699 crore; AUM up 25% YoY to ₹4,41,450 crore
Bajaj Allianz General Insurance: Gross written premium up 9% YoY to ₹5,202 crore; PAT up 15% to ₹660 crore
Bajaj Allianz Life Insurance: Gross written premium up 9% YoY to ₹5,478 crore; PAT up 76% to ₹171 crore
Management Quote:
“Bajaj Finserv has delivered its highest-ever consolidated quarterly profit, reflecting strong performance across lending and insurance verticals, while our emerging businesses continue to scale.” – Ramandeep Singh Sahni, CFO, Bajaj Finserv Ltd.
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