NEW DELHI: Bajaj Housing Finance reported a 14% increase in net profit to Rs 669 crore for the March quarter, driven by strong housing loan growth.
Last year, the company recorded a net profit of Rs 587 crore in the same quarter.
In its regulatory filing, Bajaj Housing Finance noted that total income rose to Rs 2,903 crore during the quarter, up from Rs 2,508 crore the previous year.
The firm reported interest income of Rs 2,707 crore for the quarter, compared to Rs 2,374 crore in the same period last year.
Net interest income increased by 15% to Rs 945 crore compared to Rs 823 crore in the same quarter last fiscal year.
The company improved its asset quality, with gross non-performing assets decreasing to 0.27% of total loans at the end of March 2026, down from 0.29% a year prior.
Net NPAs remained stable at 0.11% at the end of FY26’s fourth quarter.
Assets under management grew to Rs 1.4 lakh crore at the close of FY26, reflecting a 23% year-on-year increase.
For the full financial year ending March 2026, net profit climbed 18% to Rs 2,560 crore, up from Rs 2,163 crore in the previous year.
