Bajaj Finance Achieves Significant Growth in Q2
MUMBAI: In a remarkable financial performance, Bajaj Finance has announced a 20% year-on-year increase in consolidated net profit, reaching Rs 4,765 crore for the June quarter. This growth is attributed to a robust rise in net interest income and an uptick in loan volumes.
Financial Highlights
The lender's net interest income soared by 22% to Rs 10,227 crore, with new loans booked jumping 23% to 1.4 crore. Assets under management expanded by 25% to Rs 4.4 lakh crore as of June 30, 2025.
Challenges Ahead
Despite the positive figures, the company faces challenges with loan losses and provisions increasing by 26% to Rs 2,120 crore, signaling a rise in bad loans.
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