Bajaj Housing Finance report strong Q1 earnings

Bajaj Housing Finance reported Q1FY26 results with Net Interest Income surging 33.4% to rose Rs. 887 crore, while net profit rose 21% to Rs. 583 crore, above estimates by ~3%.

Asset quality remained robust: Gross NPA at 0.3%, Net NPA at 0.13%, with 56% coverage for Stage 3 assets.

Loan losses and provisions for Q1 FY26 amounted to Rs. 41 crore, from to Rs. 10 crore in Q1 FY25.

AUM experienced a growth of 24%, reaching Rs. 1,20,420 crore as of 30 June 2025, up from Rs. 97,071 crore on 30 June 2024. Positive