Bajaj Finance Limited has been around since 1987, starting as Bajaj Auto Finance. Today, it’s one of India’s biggest non-banking financial companies (NBFCs).
Based in Pune, it offers loans for everything—home, business, rural needs, and even wealth management.
Bajaj Finance Financials: Overview
Here’s a detailed financial snapshot of Bajaj Finance, covering Q3 (FY25), Q2 (FY25) with its Q-o-Q growth, and a comparison with Q3 (FY24) along with the Y-o-Y growth. The table below highlights key financial metrics for a clearer perspective on performance trends.
| Metric | Q3 FY25 (₹ Crore) | Q2 FY25 (₹ Crore) | Q-o-Q Growth | Q3 FY24 (₹ Crore) | Y-o-Y Growth |
| Net Revenue | ₹11,673 | ₹10,946 | 6.64% | ₹9,298 | 25.54% |
| Net Profit | ₹4,308 | ₹4,014 | 7.7% | ₹3,638 | 18.4% |
| Net Interest Income (NII) | ₹9,382 | ₹8,054 | 16.49% | ₹7,655 | 22.56% |
| Net Interest Margin (NIM) | 12.1% | 12.0% | 0.83%. | 12.1% | 0% |
| Provisions | 2,043 | ₹1,909 | -34.63% | 1,248 | 63.7% |
| Gross Non-Performing Assets (GNPA) | 1.12% | 1.10% | 0.02% | 0.95% | 0.17% |
| Balance Sheet Size | ₹398,043 | ₹373,924 | 6.4% | ₹310,968 | 28.0% |
Note: All figures are in INR Crore.
Highlights
- Strong Revenue Growth: Net revenue rose 25.54% YoY to ₹11,673 crore due to higher loan disbursements and strong customer demand, reflecting Bajaj Finance’s expanding market presence and diversified financial offerings.
- Healthy Profitability: Net profit increased 18.4% YoY to ₹4,308 crore, driven by rising net interest income and controlled operational costs, ensuring consistent earnings despite higher provisioning for potential credit risks.
- Stable NIM and Higher NII: Net Interest Income grew 22.56% YoY, with 12.1% NIM stability, showing efficient lending and borrowing cost management, helping sustain profitability while supporting loan book expansion.
- Expanding Balance Sheet: Balance sheet size surged 28.0% YoY to ₹398,043 crore, reflecting aggressive business growth, strong loan book expansion, and increased customer base, reinforcing Bajaj Finance’s leadership in India’s NBFC sector.
Conclusion
Bajaj Finance continues to demonstrate strong financial performance with consistent revenue and profit growth, backed by efficient lending, a stable net interest margin, and an expanding balance sheet.
Despite an increase in provisions, the company’s ability to maintain profitability and sustain business expansion highlights its resilience in India’s NBFC sector.
As it moves forward, Bajaj Finance’s diversified offerings and strong market presence position it well for continued growth in the coming quarters.
