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Bajaj Housing Finance shares in focus after Q1 net profit rises 21% YoY to Rs 583 crore, revenue up 18%

Bajaj Housing Finance shares in focus after Q1 net profit rises 21% YoY to Rs 583 crore, revenue up 18%

Economic Times24-07-2025
Bajaj Housing Finance shares will be in focus on Thursday after the company reported a 21% year-on-year (YoY) jump in net profit for the June quarter at Rs 583 crore, compared to Rs 483 crore in the corresponding period last year.
ADVERTISEMENT The company's total revenue from operations stood at Rs 2,616 crore, rising 18% from Rs 2,209 crore in the corresponding quarter of the previous financial year.
The company's profit after tax (PAT) was marginally lower at 0.6% on a sequential basis versus Rs 587 crore reported in Q4FY25.
Meanwhile, the topline grew 4% over the previous quarter in which the company had reported a revenue of Rs 2,508 crore.The Bajaj Finance subsidiary's revenue from interest income stood at Rs 2,493 crore in the quarter under review, rising from Rs 2,374 crore in Q4FY25 and Rs 2,064 crore in Q1FY25. The other major revenue contributor was 'Fees and commission income' at Rs 59 crore, higher from Rs 52 crore in Q4FY24 and Rs 57 crore in the year-ago period.The company incurred expenses of Rs 1,862 crore in the April-June quarter of FY26 versus Rs 1,788 crore in Q4FY25 and Rs 1,579 crore in Q1FY25. The expenses rose 4% on a quarter-on-quarter basis while rising by 18 YoY. The expenses were made on finance costs, employee benefits, and fees & commission, among other things.
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- Assets Under Management (AUM): Up 24% YoY to Rs 1,20,420 crore as of 30 June 2025 (vs. Rs 97,071 crore last year)
ADVERTISEMENT - Net Interest Income (NII): Up 33% YoY to Rs 887 crore (from Rs 665 crore)
- Net Total Income: Up 25% YoY to Rs 1,012 crore (from Rs 810 crore)
- Loan Losses & Provisions: Rs 41 crore in Q1FY26, vs. Rs 10 crore in Q1FY25
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- Gross/Net NPA: 0.30% and 0.13% respectively, vs. 0.28% and 0.11% last year
- Provision Coverage Ratio on Stage 3 Assets: 56%
ADVERTISEMENT - Capital Adequacy Ratio (including Tier-II): 26.94% as of 30 June 2025
(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of the Economic Times)
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