Bajaj Finserv Q2FY26 Results: Consolidated Net Profit Rises 8% to ₹2,244 Crore
Bajaj Finserv Ltd reported an 8% year-on-year (Y-o-Y) increase in its consolidated net profit for the second quarter of FY26, reaching ₹2,244 crore compared to ₹2,087 crore in the same period last year.
The company, which serves as the listed holding entity for the Bajaj Group’s finance and insurance businesses, posted an 11% rise in consolidated total income at ₹37,403 crore for Q2FY26, up from ₹33,704 crore in Q2FY25, according to its exchange filing.
Interest income rose to ₹19,598.69 crore during the quarter, compared to ₹16,571.61 crore a year earlier. The insurance segment also recorded healthy growth, with premium and other operating income increasing to ₹15,936.18 crore from ₹13,252.27 crore in the corresponding quarter last year.
Fees and commission income saw a marginal uptick to ₹1,551.98 crore from ₹1,271.95 crore in Q2FY25.
On the expenditure side, finance costs climbed to ₹6,901.33 crore from ₹6,045.63 crore, while claims paid rose to ₹6,847.75 crore from ₹6,450.23 crore. Fees and commission expenses increased to ₹2,610.17 crore from ₹2,121.35 crore, and impairment expenses on financial instruments for lending grew to ₹2,268.75 crore from ₹1,909.08 crore in the year-ago period.
The results reflect steady growth across Bajaj Finserv’s lending and insurance businesses, supported by higher interest and premium income, even as costs and provisions continued to rise in a competitive financial environment.
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