Bajaj Finance Q2 consolidated net profit rises 29% to Rs 6,367 crore

What happened: Bajaj Finance reported a 29% rise in consolidated net profit to Rs 6,367 crore for Q2, with consolidated AUM up 26% to Rs 5.85 lakh crore on broad-based loan growth. Key numbers: Net profit Rs 6,367 crore, up 29%. AUM Rs 5.85 lakh crore, up 26%. Gold-loan portfolio Rs 24,195 crore, more than doubled. FY27 AUM growth guidance 26-27%. Why it matters: Management does not expect the transitional rise in Stage 2 assets from short-tenor gold schemes to affect credit costs, and sees lower funding costs, improving asset quality and a strong liquidity buffer supporting growth.

Bajaj Finance reported a 29% rise in consolidated net profit to Rs 6,367 crore for Q2, with consolidated AUM up 26% to Rs 5.85 lakh crore on broad-based loan growth.

Management does not expect the transitional rise in Stage 2 assets from short-tenor gold schemes to affect credit costs, and sees lower funding costs, improving asset quality and a strong liquidity buffer supporting growth.