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    Home»Finance»Bajaj Housing Finance Q3 Results: Net profit growth of 21%, asset quality stable
    Finance

    Bajaj Housing Finance Q3 Results: Net profit growth of 21%, asset quality stable

    February 1, 20262 Mins Read


    Bajaj Housing Finance Ltd.  reported its results for the December quarter after market closing hours on Monday, February 2.

    The company’s Net Interest Income (NII) or core income earned grew by 19% from the year-ago period to ₹964 crore, while its net profit grew by 21.4% to ₹665 crore from ₹548 crore last year.

    Gross NPA at the end of the December quarter stood at 0.27% from 0.26% in September, while Net NPA stood at 0.11% from 0.12% in September.

    Loan losses and provisions during the quarter stood ₹56 crore, compared to ₹35 crore last year, while Provisioning coverage ratio on stage 3 assets stood at around 59%. Capital Adequacy Ratio stood at 23.15%.

    Last month,

    the company reported its business update for the third quarter. Its gross disbursements increased to ₹16,535 crore from ₹12,571 crore in the previous year.

    The company’s assets under management increased by 23% to around ₹1.33 lakh crore as on December 31, 2025 from ₹1.08 lakh crore in the year-ago period. AUM growth during the quarter was at ₹6,652 crore.

    The company’s loan assets stood at around ₹1.17 lakh crore, up from ₹96,570 crore in the previous year.

    Shares of Bajaj Housing Finance listed on the exchanges with a premium of over 100% from its initial public offering (IPO) price in late-2024, making it one of the most successful IPOs of 2024. The stock went on to make a post-listing high of ₹188.5 before declining from those levels.

    Shares of Bajaj Housing Finance had ended little changed at ₹89.8 ahead of its third quarter earnings. The stock is now down over 53% from its ₹188.5 apiece.

    Also Read: Two real estate stocks can do well amidst sector underperformance, CLSA says after Budget 2026

    First Published: Feb 2, 2026 11:24 AM IST



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