Bajaj Finance Q2 Outcomes: Internet revenue jumps 29% YoY to Rs 6,367 crore, NII up 24%
Internet curiosity revenue rose 24% to Rs 13,335 crore from Rs 10,785 crore within the year-ago quarter. Internet whole revenue elevated 23% to Rs 15,974 crore from Rs 12,982 crore.
Belongings underneath administration grew 26% year-on-year to Rs 5.85 lakh crore
as of September 30, 2026, from Rs 4.62 lakh crore a yr earlier. AUM elevated by Rs 37,680 crore in the course of the quarter.
The non-banking monetary firm booked 13.45 million new loans within the quarter, up 11% from 12.17 million within the corresponding interval final yr. Its buyer franchise grew 16% year-on-year to 128.85 million as of September 30, including 4.42 million prospects in the course of the quarter.
Revenue earlier than tax rose 29% to Rs 8,537 crore from Rs 6,608 crore within the year-ago quarter. Excluding a prudent administration and macroeconomic provision of Rs 337 crore, revenue earlier than tax grew 34% to Rs 8,874 crore. Internet revenue earlier than the extra provision stood at Rs 6,619 crore, up 34% year-on-year.
Pre-provisioning working revenue elevated 23% to Rs 10,699 crore from Rs 8,685 crore a yr earlier. Working bills as a proportion of internet whole revenue stood at 33%, marginally decrease than 33.1% within the year-ago quarter.Mortgage losses and provisions rose to Rs 2,166 crore from Rs 2,080 crore a yr earlier. Excluding the extra provision of Rs 337 crore, mortgage losses and provisions declined 12% to Rs 1,829 crore.
The annualised ratio of mortgage losses and provisions to common belongings underneath finance stood at 1.56%, in contrast with 1.88% a yr earlier. Excluding the extra provision, the ratio was 1.32%.
