Bajaj Finance Q3 Results

In Q3 FY24, Bajaj Finance reported a stellar consolidated PAT of Rs. 3,639 Cr, showcasing robust financial performance.

Source: Bajaj Finance Investors Presentation

Crossing Milestones

Consolidated AUM soared to Rs. 310,968 Cr, achieving a milestone. In Q3 FY24, new loans booked surged by 26%, reaching 9.86 million. Customer franchise expanded to 80.41 million - a record-breaking increase.

Source: Bajaj Finance Investors Presentation

Board Decisions Matter

Board Meeting outcomes: Unaudited results approval, including subsidiaries like BHFL and BFinsec. Snapwork Technologies joined as an associate company.

Source: Bajaj Finance Investors Presentation

Financial Powerhouse

Financial highlights for Q3 FY24: AUM grew by 35%, NII increased by 29%, Net Total Income rose by 25%, and PBT surged by 22%.

Source: Bajaj Finance Investors Presentation

Asset Quality and Ratings

Asset Quality shines with a Gross NPA of 0.95%, and Net NPA of 0.37%. The highest credit rating of AAA/Stable across agencies confirms Bajaj Finance's financial prowess.

Source: Bajaj Finance Investors Presentation