Bajaj Housing Finance Q4 profit grows 14 pc to Rs 669 cr

Bajaj Housing Finance on Monday reported a 14 per cent rise in net profit to Rs 669 crore in the March quarter on account of robust growth in housing loan. The housing finance company had recorded a net profit of Rs 587 crore in the same quarter a year ago. Total income increased to Rs 2,903 crore during the quarter under review from Rs 2,508 crore a year earlier, Bajaj Housing Finance said in a regulatory filing. The company earned an interest income of Rs 2,707 crore during the quarter against Rs 2,374 crore in the same period a year ago. During the reporting quarter, the company's net interest income grew 15 per cent to Rs 945 crore as against Rs 823 crore reported in the same quarter last fiscal year. The asset quality of the company improved with gross non-performing assets declining to 0.27 per cent of the gross loans by the end of March 2026 from 0.29 per cent a year ago. Net NPAs, or bad loans, remained flat at 0.11 per cent at the end of the fourth quarter of FY26. Asset under management rose to Rs 1.4 lakh crore at the end of FY26, registering a growth of 23 per cent year-on-year. For the entire financial year ended March 2026, the company reported an 18 per cent increase in net profit of Rs 2,560 crore as against Rs 2,163 crore in the previous financial year.

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