Bajaj Housing Finance Q2 FY27 Results: Net Profit Jumps 18% To ₹643 Crore As Revenue Rises 15.3%
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Bajaj Housing Finance reported an 18% rise in Q2 FY27 net profit to ₹643 crore, while revenue grew 15.3%. Read more about financial performance and outlook.
Bajaj Housing Finance Q2 results for FY27 showed an 18% year-on-year rise in net profit to ₹642.96 crore for the September quarter. Total revenue increased 15.3% to ₹2,726.78 crore, compared with ₹2,364.90 crore in the corresponding quarter last year.
The Bajaj Housing Finance share price was trading at ₹83.60 on Friday, at 12:47 PM, down 0.2% on the results announcement. The stock has declined around 13% so far this year and remains well below its post-listing high of ₹188.50.
How Did Bajaj Housing Finance Perform In Q2 FY27?
The company's operating income increased 21.47% year-on-year to ₹804.44 crore, compared with ₹662.25 crore in the September quarter of the previous fiscal year. Net income before taxes rose 17.68% to ₹832.66 crore.
Total operating expenses stood at ₹1,922.34 crore, up 12.9% from ₹1,702.65 crore a year earlier. Selling, general and administrative expenses also increased 14.74% year-on-year to ₹136.09 crore.
The Bajaj Housing Finance Q2 results follow a strong business update earlier this month. The company reported gross disbursements of ₹19,930 crore for the September quarter, a 25.2% increase from ₹15,914 crore in the year-ago period.
Assets under management (AUM) grew 25% year-on-year to ₹1.58 lakh crore, while loan assets increased to ₹1.4 lakh crore from ₹1.13 lakh crore.
What Should Investors Watch Next?
Asset quality and margins remain key areas to watch. In the June quarter, Bajaj Housing Finance's gross non-performing assets (GNPA) stood at 0.29%, compared with 0.27% in March. Net NPA edged up to 0.12% from 0.11%.
Margins will also be in focus after the company recorded a 20-basis-point year-on-year decline during the June quarter. Investors will look for further details on funding costs, profitability and management's outlook for the coming quarters.
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This article is for informational purposes only and should not be considered investment advice from Kotak Neo. For compliance T&C and disclaimers, Visit www.kotakneo.com/disclaimer
Vishwa has spent 10+ years across fintech and FMCG doing what most people miss, connecting the dots, catching trends before they trend, and finding the angle nobody else thought to ask about.
At Kotak Neo, she drives content strategy for neoshorts, Kotak News Desk, and Investing Guide, turning market noise into something worth reading.
When she's not decoding markets, she trades charts for canvases, chasing art, painting, and architecture across cities she's yet to explore.
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