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Bajaj Finserv Q2 Profit Reported 23% Higher at ₹2,758 Crore

NDTV Profit reported total income of ₹43,416 crore; lending and life insurance profits rose while general insurance profit declined.

Updated 2 min read
Employees enter Bajaj Finserv's corporate office in Pune, India, on an overcast morning. / EconoTimes.ai
Employees enter Bajaj Finserv's corporate office in Pune, India, on an overcast morning. / EconoTimes.ai

Bajaj Finserv Limited’s consolidated profit after tax rose 23% to ₹2,758 crore in the September quarter, NDTV Profit reported, as results varied across the group’s lending and insurance businesses.

NDTV Profit reported Nov. 3 that profit was ₹2,244 crore in the year-earlier quarter, putting the increase at 22.9%. Bajaj Finserv’s investor-call notice says the quarter ended Sept. 30, 2026.

NDTV Profit put consolidated total income at ₹43,416 crore.

Bajaj Finance Limited’s Oct. 19 investor presentation showed consolidated profit after tax of ₹6,367 crore, up 29% year over year. The company added 4.42 million customers and booked 13.45 million loans during the quarter. Its gross nonperforming asset ratio fell to 1.06% from 1.24% a year earlier. NDTV Profit also reported Bajaj Finance’s net total income rose 23% to ₹15,974 crore and its assets under management reached ₹5.85 lakh crore.

The insurance results moved in different directions, NDTV Profit reported. Bajaj Life Insurance Limited’s profit after tax increased to ₹55 crore from ₹13 crore, while Bajaj General Insurance Limited’s fell to ₹420 crore from ₹517 crore. The outlet put Bajaj General Insurance’s combined ratio at 104.5%; Bajaj Finserv’s Q2 FY26 presentation lists a prior-year ratio of 102.3%.

NDTV Profit also reported Bajaj Housing Finance profit rose 18% to ₹757 crore, while the group’s emerging businesses posted a combined loss of ₹144 crore. The reported results do not establish what caused the decline in general insurance profit.

Bajaj Finserv’s Oct. 19 notice scheduled an investor call for 6:30 a.m. ET Tuesday, Nov. 3, to discuss results for the quarter and half year ended Sept. 30.

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