Bajaj Finance's Q3 FY 2025-26 Quarterly Results
- 04 Feb 2026
Result Summary
- Bajaj Finance Ltd reported a 5.1% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Dec (Q3 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a growth of 17.5%.
- Its expenses for the quarter were up by 5.2% QoQ and 16.0% YoY.
- The net profit decreased 17.8% QoQ and decreased 5.6% YoY.
- The earnings per share (EPS) of Bajaj Finance Ltd stood at 6.38 during Q3 FY 2025-26.
Financial Statments for Q3 FY 2025-26
Total Income | 21214.58 | 20180.76 | 18058.32 | 5.1% | 17.5% |
Total Expenses | 11895.02 | 11307.18 | 10252.59 | 5.2% | 16.0% |
Profit Before Tax | 5428.89 | 6604.83 | 5762.40 | -17.8% | -5.8% |
Tax | 1365.09 | 1660.37 | 1457.23 | -17.8% | -6.3% |
Profit After Tax | 4066.01 | 4947.76 | 4308.19 | -17.8% | -5.6% |
Earnings Per Share | 6.38 | 7.83 | 68.47 | -18.5% | -90.7% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
Bajaj Finance Ltd is a leading non-banking financial company (NBFC) in India, primarily engaged in the business of lending. The company is part of the Bajaj Group, a renowned Indian conglomerate. Bajaj Finance provides a diverse range of financial products, including consumer finance, small and medium enterprise (SME) finance, commercial lending, and wealth management services. The company operates predominantly in the Indian market, with a strong focus on consumer lending through various channels, such as personal loans, home loans, and credit cards. Recent developments for Bajaj Finance Ltd include the expansion of its digital lending platform and the introduction of new technology-driven financial products to enhance customer experience and service delivery.
Revenue
In the third quarter of the fiscal year 2026 (Q3FY26), Bajaj Finance Ltd reported a total income of ₹21,214.58 crores. This represents a quarter-over-quarter (QoQ) increase of 5.1% from ₹20,180.76 crores in the second quarter of fiscal year 2026 (Q2FY26), and a year-over-year (YoY) growth of 17.5% compared to ₹18,058.32 crores in the third quarter of fiscal year 2025 (Q3FY25). The consistent growth in total income over the quarters and the year indicates strong revenue generation capabilities. The company’s top-line growth is supported by its diversified portfolio of financial products and its ability to leverage technological advancements to reach a broader customer base.
Profitability
For Q3FY26, Bajaj Finance Ltd posted a profit before tax (PBT) of ₹5,428.89 crores, which is a decrease of 17.8% QoQ from ₹6,604.83 crores in Q2FY26, and a decrease of 5.8% YoY from ₹5,762.40 crores in Q3FY25. The profit after tax (PAT) stood at ₹4,066.01 crores, reflecting a similar decline of 17.8% QoQ from ₹4,947.76 crores in the previous quarter and a 5.6% decline YoY from ₹4,308.19 crores in the same period last year. The earnings per share (EPS) for the quarter were ₹6.38, down 18.5% QoQ from ₹7.83, and a significant 90.7% decrease YoY from ₹68.47 in Q3FY25. These figures indicate a contraction in profitability despite the rise in revenue, highlighting a potential increase in costs or other financial factors affecting net income.
Operating Metrics
The total expenses for Bajaj Finance Ltd in Q3FY26 were reported at ₹11,895.02 crores, representing a QoQ increase of 5.2% from ₹11,307.18 crores in Q2FY26 and a YoY rise of 16.0% from ₹10,252.59 crores in Q3FY25. The growth in expenses aligns closely with the increase in total income, suggesting proportional scaling of operations. The tax expense for the quarter was ₹1,365.09 crores, showing a reduction of 17.8% QoQ from ₹1,660.37 crores and a YoY decrease of 6.3% from ₹1,457.23 crores. The consistent expense growth with a decline in tax expenditure indicates a shift in the company's operational strategies or tax efficiencies. Despite the increase in total income, the higher expenses and reduced profits reflect the need for an in-depth examination of cost structures and operational efficiencies.