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Bajaj Finance Q2 Results FY24-25: Cons Revenue at ₹17,090 Cr, PAT at ₹4,014 Cr 13% Growth YoY

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Synopsis:

Bajaj Finance posted consolidated revenue of ₹17,090 crore, growing 27% YoY, and a profit after tax (PAT) of ₹4,014 crore in Q2 FY25. The company's assets under management (AUM) surged to ₹3.73 lakh crore, representing a 29% growth YoY.

Bajaj Finance Limited, a leading non-banking financial company (NBFC), has announced its Q2 FY25 results, reporting solid growth in both revenue and profitability. The company posted improvements in its key financial metrics, including consolidated revenue, profit after tax (PAT), and assets under management (AUM), further cementing its stronghold in the NBFC space. Below is a comprehensive overview of the company's Q2 FY25 performance, which is critical for investors tracking financial performance and future prospects.

Key Highlights/Quick Insights

  • Total Revenue from Operations: ₹17,090 crore, up 27% YoY.
  • AUM: ₹373,924 crore, up 29% YoY.
  • PAT: ₹4,014 crore, a 13% growth YoY.
  • PBT: ₹5,401 crore, reflecting a 14% rise compared to Q2 FY24.

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Quarterly – Bajaj Finance Q2 Results FY’24-25

Bajaj Finance's consolidated revenue from operations reached ₹17,090 crore, a 27% increase from ₹13,381 crore in Q2 FY24. The company also delivered a profit after tax (PAT) of ₹4,014 crore, representing a year-on-year growth of 13%. These numbers highlight the company’s ability to manage growth while maintaining profitability, despite increasing loan losses.

Bajaj Finance Q2 FY’24-25- Financial Highlights:

Metrics

Q2 FY25

Q2 FY24

YoY Growth

Total Revenue from Operations

₹17,090 crore

₹13,381 crore

27%

Profit After Tax (PAT)

₹4,014 crore

₹3,550 crore

13%

Profit Before Tax (PBT)

₹5,401 crore

₹4,757 crore

14%

Assets Under Management (AUM)

₹3,73,924 crore

₹2,90,264 crore

29%

Net Interest Income (NII)

₹8,054 crore

₹6,532 crore

23%

New Loans Booked

9.69 million

8.53 million

14%

Customer Franchise

92.09 million

76.56 million

-

Gross NPA (GNPA)

1.06%

0.91%

-

Net NPA (NNPA)

0.46%

0.31%

-

Cost of Funds

7.97%

7.94%

-

Deposits Book

₹66,131 crore

₹54,640 crore

21%

Opex to Net Total Income

33.20%

34.00%

-

Annualised Return on Average (ROA)

4.48%

5.16%

-

Return on Equity (ROE)

19.08%

24.10%

-

Capital Adequacy Ratio (CAR)

21.69%

23.19%

-

Segment Highlights

  • New Loans Booked: 9.69 million, up by 14% from 8.53 million in Q2 FY24.
  • Customer Franchise: 92.09 million, adding 3.98 million new customers during the quarter.
  • Net Interest Income (NII): ₹8,054 crore, a 23% increase YoY.
  • Net NPA: 0.46%, slightly higher than the 0.31% reported in Q2 FY24.

Sector Expectations

Bajaj Finance’s performance aligns with market expectations, particularly in the non-banking financial sector. Its ability to grow AUM by 29% reflects the strong demand for financial services and the company’s strategic positioning. The company’s strong operating income and efficiency improvements also position it favorably compared to sector peers.

Management Commentary

Bajaj Finance’s management expressed optimism for the coming quarters, with expectations of stabilizing loan losses and improving operational efficiency. The company’s commitment to technological innovation and customer acquisition strategies is expected to further enhance its growth trajectory.

Bajaj Financial Securities Limited (BFinsec)/Bajaj Broking Performance in Q2 FY’24-25

Bajaj Financial Securities Limited (BFinsec), a wholly-owned subsidiary of Bajaj Finance, demonstrated stellar growth in Q2 FY25, further strengthening its position in the brokerage and depository services sector. The company’s focus on expanding its Margin Trading Facility (MTF) and customer acquisition has contributed significantly to its growth.

Key Highlights of Bajaj Broking

  • MTF AUM: ₹5,430 crore, a remarkable 164% increase compared to ₹2,056 crore in Q2 FY24.
  • Customer Acquisition: Bajaj Broking added 77,000 new customers to its franchise in Q2, bringing its total retail and HNI customer base to 833,000.
  • Revenue Growth: The company’s net total income surged by 78% year-on-year, reaching ₹121 crore in Q2 FY25 as against ₹68 crore in Q2 FY’24.
  • Profit After Tax (PAT): Bajaj Broking reported a PAT of ₹37 crore, reflecting a 185% growth compared to Q2 FY24.

With a strong presence across 45 locations and a continued focus on enhancing its digital and margin trading offerings, BFinsec or Bajaj Broking is poised to capitalise on the growing demand for advanced financial services in India.

Conclusion

Bajaj Finance's Q2 FY25 results demonstrate its robust financial health and growth potential, with solid revenue, PAT, and AUM growth. The company’s continued focus on efficiency and expansion signals a promising outlook for future quarters.

Check out Bajaj Finance’s past performances in previous quarters and financial years. 

Disclaimer: Investments in the securities market are subject to market risk, read all related documents carefully before investing.

This content is for educational purposes only. Securities quoted are exemplary and not recommendatory.

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