Bajaj Finance shares jump 6% to 52-week high on strong Q3 earnings
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Shares of Bajaj Finance surged 6.3% on the NSE today, hitting a 52-week high of ₹8,250.65, driven by strong Q3 results, supported by stable net interest margin (NIM) and credit cost.
The company reported an 18% year-on-year rise in consolidated net profit for Q3 FY25 to ₹4,308 crore, surpassing market expectations. The robust performance was fueled by a 28% surge in assets under management (AUM) to ₹3.98 lakh crore as of December 31, 2024, compared to ₹3.11 lakh crore a year earlier.
Net interest income (NII) grew 23% YoY to ₹9,382 crore, while new loans booked hit a record high of 12.06 million, up 22% from Q3 FY24. Bajaj Finance also added 5.03 million new customers in the quarter, expanding its total customer base to 97.12 million, a 21% increase.
On the asset quality front, gross non-performing assets (GNPA) rose to 1.12% from 0.95% a year earlier, while net NPA increased to 0.48% from 0.37%. The provisioning coverage ratio for stage 3 assets stood at 57%.
October 2025
As India’s growth story gains momentum and the number of billionaires rises, the country’s luxury market is seeing a boom like never before, with the taste for luxury moving beyond the metros. From high-end watches and jewellery to lavish residences and luxurious holidays, Indians are splurging like never before. Storied luxury brands are rushing in to satiate this demand, often roping in Indian celebs as ambassadors.
The strong Q3 performance further boosted sentiment among brokerages.
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