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CNBC TV18

Bajaj Housing Finance Q1 net profit rises 22.6% to ₹715 crore as asset quality holds steady

AI Market Summary
Bajaj Housing Finance reported strong FY2026 Q1 results, with net profit up 22.6% YoY, AUM up 24%, improved cost-to-income, and sharply lower provisions. Asset quality remained stable with GNPA at 0.29% and slightly improved NNPA. The update signals resilient retail credit conditions and disciplined underwriting, but the market impact is likely localized given limited read-through to global risk assets.
Impact level
● Low
Affected assets
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● Neutral
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Bajaj Housing Finance reported results for fiscal 2026 Q1, with net profit up 22.6% year on year to ₹715 crore. Net interest income rose 9% to ₹968 crore. Assets under management grew 24% to ₹1.49 lakh crore. The operating expense-to-net total income ratio declined to 19.6%.