Markets India

Bajaj Housing Finance reported an 18% year-on-year rise in profit after tax (PAT) to Rs 757 crore in Q2 FY27, driven by 25% growth in assets under management (AUM) to Rs 1,58,205 crore, signaling strong operational performance and market expansion.

Bajaj Housing Finance Posts 18% PAT Rise, 25% AUM Growth in Q2 FY27

Bajaj Housing Finance's Q2 FY27 results showed a 18% YoY increase in PAT to Rs 757 crore, with net interest income (NII) rising 10% to Rs 1,055 crore and net total income growing 15% to Rs 1,254 crore. AUM expanded 25% to Rs 1,58,205 crore as of September 30, 2026, reflecting increased loan portfolio. Asset quality remained stable, with GNPA at 0.29% and NNPA unchanged at 0.12%. The company's capital adequacy ratio stood at 21.24%, supported by a 60% provisioning coverage ratio on Stage 3 assets. ET Markets noted the improved operating efficiency, with the operating expenses to net total income ratio dropping to 19.1% from 19.7% YoY. Investors and regulators closely monitor the firm's prudential compliance and market positioning amid competitive dynamics.

Bajaj Housing Finance's robust Q2 results underscore its financial resilience, though market volatility and regulatory shifts remain key uncertainties for the housing finance sector.

Topics: Housing Finance, Financial Results, AUM Growth, PAT Increase, Capital Adequacy, Asset Quality, Operating Efficiency, Net Interest Income

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Source: ET Markets