Bajaj Housing Finance Profit Rises 23% to ₹715 Crore in Q1 FY27

Bajaj Housing Finance Limited has announced a standalone profit after tax of ₹715.28 crore for the first quarter of the financial year 2026-27, marking a 23% increase from ₹583.30 crore in the corresponding quarter of the previous fiscal year.

The company's total income for the quarter ended 30 June 2026 stood at ₹3,063.05 crore, compared to ₹2,615.57 crore in the same period last year. This represents a 17% increase in total income.

Revenue from operations increased to ₹3,063.02 crore from ₹2,612.83 crore year-on-year, while total expenses for the quarter were ₹2,134.31 crore, up from ₹1,858.63 crore in Q1 FY26.

Interest income for Q1 FY27 grew to ₹2,856.07 crore from ₹2,492.59 crore in Q1 FY26, representing a 14.5% increase. Earnings per share (basic and diluted) for the quarter were ₹0.86, an increase from ₹0.70 in the year-ago quarter.

The company’s net worth was ₹23,233.77 crore as of 30 June 2026. Asset quality also improved, with Gross Non-Performing Assets (NPA) standing at 0.29%, a slight decrease from 0.30% as of 30 June 2025.

Net NPA was 0.12%, down from 0.13% in the year-ago period. The Capital to Risk-weighted Assets Ratio (CRAR) was 21.59% as of 30 June 2026, exceeding the regulatory requirement of 15%.

The Board of Directors approved the unaudited financial results on 29 July 2026. The meeting commenced at 02:30 p.m. and concluded at 03:35 p.m.

The limited review of the financial results was conducted by joint statutory auditors Singhi & Co., Chartered Accountants, and Mukund M. Chitale & Co., Chartered Accountants.

This strong performance by Bajaj Housing Finance Limited is a positive sign for the company and its stakeholders. The increase in profit and total income, combined with the improvement in asset quality, suggests that the company is on a strong growth trajectory.

The company's ability to maintain a high CRAR and reduce its NPA is also a testament to its strong risk management practices. Overall, the Q1 FY27 results are a positive indicator of the company's future prospects.