Bajaj Finance Q3 FY26 Consolidated Performance
Bajaj Finance showed mixed signals in Q3 FY26, delivering a 6% dip in consolidated net profit to ₹3,977.85 crore, even as total revenue jumped 17.63% to ₹21,213.89 crore, proof that growth doesn’t always equal instant profit. The numbers reflect the combined performance of Bajaj Housing Finance (BHFL), Bajaj Financial Securities (BFinserc), Snapwork Technologies, and Pennant Technologies, giving investors a full view of the diversified empire. The company experienced revenue growth that reached exceptional levels, while its profits suffered due to strategic provisioning and one-off expenses, showing shareholders that industry leaders need to maintain a balance between business growth and financial responsibility. Investors should watch this space closely.
Bajaj Finance Q3 FY26 Profit Breakdown: PBT Surges but Exceptional Charges Trim Net Gains
-
Strong PBT Growth: Profit before tax (PBT), excluding accelerated ECL provision and one-time New Labour Code charge, rose 23% YoY to ₹7,102 crore from ₹5,765 crore in Q3 FY25.
-
ECL Provisioning: An accelerated Expected Credit Loss (ECL) provision of ₹1,406 crore was implemented to enhance balance sheet resilience amid volatile economic conditions.
-
One-Time Labour Code Charge: A one-time exceptional expense of ₹265 crore was recorded due to increased gratuity liabilities arising from past service costs under the new Labour Codes.
-
Adjusted Net Profit: After accounting for the accelerated ECL provision and the one-time Labour Code charge, consolidated net profit declined 6% YoY to ₹4,066 crore.
Bajaj Finance Q3 FY26 Key Metrics: Growth, Efficiency, and Strong Capital Position
| Metric | Q3 FY26 | Q3 FY25 / Previous | Change / Notes |
|---|---|---|---|
| Net Interest Income (NII) | ₹11,317 crore | ₹9,382 crore | +21% YoY |
| Operating Expenses / Net Total Income | 32.8% | 33.1% | Improved efficiency |
| New Loans Booked | 13.90 million | 12.06 million | +15% YoY |
| AUM before Accelerated ECL Provision | ₹485,883 crore | ₹398,043 crore | +22% (+₹23,622 crore) |
| Gross NPA | 1.21% | 1.12% | Slight increase |
| Net NPA | 0.47% | 0.48% | Improved slightly |
| Provisioning Coverage Ratio (Stage 3) | 61% | – | Maintained coverage |
| CRAR (including Tier-II) | 21.45% | – | Strong capital adequacy |
| Tier-I Capital | 20.60% | – | Solid buffer |
Bajaj Finance Share Price Steadies at ₹963.80 Amid Market Caution
Bajaj Finance shares are maintaining their suspenseful effect on investors. The stock, which closed at ₹962.15 on BSE, reached ₹963.80 by 12:30 PM after decreasing by ₹0.60, representing a 0.062% drop. The financial institution operates at its normal capacity while showing positive signs of growth according to its operational performance metrics.
Aishwarya is a journalism graduate with over three years of experience thriving in the buzzing corporate media world. She’s got a knack for decoding business news, tracking the twists and turns of the stock market, covering the masala of the entertainment world, and sometimes her stories come with just the right sprinkle of political commentary. She has worked with several organizations, interned at ZEE and gained professional skills at TV9 and News24, And now is learning and writing at NewsX, she’s no stranger to the newsroom hustle. Her storytelling style is fast-paced, creative, and perfectly tailored to connect with both the platform and its audience. Moto: Approaching every story from the reader’s point of view, backing up her insights with solid facts.
Always bold with her opinions, she also never misses the chance to weave in expert voices, keeping things balanced and insightful. In short, Aishwarya brings a fresh, sharp, and fact-driven voice to every story she touches.
