{"id":15300,"date":"2025-11-11T16:40:27","date_gmt":"2025-11-11T11:10:27","guid":{"rendered":"https:\/\/www.torusdigital.com\/toruscope\/?p=15300"},"modified":"2025-12-05T11:39:25","modified_gmt":"2025-12-05T06:09:25","slug":"bajaj-finserv-q2-fy26-results","status":"publish","type":"post","link":"https:\/\/www.torusdigital.com\/toruscope\/quarterly-results\/bajaj-finserv-q2-fy26-results\/","title":{"rendered":"Bajaj Finserv Q2 FY26 Results: Profit Rises 7.5% YoY, Revenue Up 11%"},"content":{"rendered":"

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Bajaj Finserv Ltd<\/a>, the holding company for the Bajaj Group\u2019s financial services businesses, reported its consolidated financial results for the second quarter of FY26 on 11th<\/sup> November 2025, showcasing steady growth in both profit and revenue despite market volatility.<\/p>\n

The company\u2019s consolidated net profit stood at \u20b92,244 crore, reflecting a 7.5% year-on-year (YoY) increase from \u20b92,086 crore in the corresponding quarter last year. Revenue from operations also rose 11% YoY to \u20b937,403 crore, up from \u20b933,704 crore in Q2 FY25.<\/p>\n

However, on a sequential basis, profit declined nearly 20% compared to \u20b92,789 crore in Q1 FY26, even as topline performance improved by around 6% quarter-on-quarter. Bajaj Finserv\u2019s net worth grew 12% YoY to \u20b976,490 crore from \u20b968,325 crore a year earlier.<\/p>\n

<\/span>Breakdown of Q2 Performance<\/strong><\/span><\/h2>\n
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  1. Bajaj Finance<\/strong><\/li>\n<\/ol>\n

    Bajaj Finance<\/a> reported a strong quarter with consolidated profit after tax (PAT) at \u20b94,876 crore, up 22% YoY from \u20b94,000 crore. Its net interest income climbed 22% YoY to \u20b910,785 crore.
    \nThe company\u2019s Assets Under Management (AUM) stood at \u20b9462,261 crore as of 30 September 2025, compared with \u20b9373,924 crore a year earlier \u2014 a robust 24% growth.
    \nGross and net NPAs were maintained at healthy levels of 1.24% and 0.60%, respectively, compared to 1.06% and 0.46% last year.<\/p>\n

    Bajaj Finance also recorded a customer franchise growth of 4.13 million and booked 12.17 million new loans during the quarter, highlighting its continued leadership in retail lending.<\/p>\n

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    1. Bajaj General Insurance<\/strong><\/li>\n<\/ol>\n

      Bajaj General Insurance posted a 5% YoY rise in consolidated PAT at \u20b9517 crore, up from \u20b9494 crore in the same quarter last year.
      \nThe company\u2019s gross written premium increased by 9% YoY to \u20b96,413 crore, supported by growth across core business lines. Excluding bulky tender-driven segments like crop and government health insurance, underlying business expansion stood at 18%.<\/p>\n

      Improved claims management helped reduce the claim ratio to 75.8% from 79.7% a year earlier, while the combined ratio stood at 102.3%. As of 30 September 2025, Bajaj General maintained a healthy solvency ratio of 339%.<\/p>\n

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      1. Bajaj Life Insurance<\/strong><\/li>\n<\/ol>\n

        Bajaj Life Insurance<\/a> delivered a strong operational performance with new business premium up 25% YoY to \u20b94,012 crore and renewal premium up 30% YoY to \u20b94,354 crore. Consequently, the gross written premium rose 28% YoY to \u20b98,366 crore for Q2 FY26.<\/p>\n

        The company\u2019s Net Value of New Business (VNB) grew 50% YoY to \u20b9367 crore, driven by product restructuring, a favourable product mix, and cost rationalisation. The New Business Margin (NBM) of 14.8% and VNB were the highest recorded on a half-yearly basis.<\/p>\n

        Despite this, net profit declined to \u20b913 crore from \u20b9148 crore in the previous year, primarily due to the loss of GST input tax credit. The solvency ratio remained robust at 346%, while total AUM increased 7% YoY to \u20b9132,060 crore as of 30 September 2025.<\/p>\n


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