BusinessPhoto: Business StandardBajaj Finance Q2 Profit Rises 28.7% to ₹6,367 Crore on Loan Growth
Bajaj Finance reported a 28.7% year-on-year increase in quarterly profit to ₹6,367 crore for Q2 ended September 30, driven by strong loan book growth. Assets under management grew 26%, gold loans doubled, and rural consumer finance rose 63%. Loans to SMEs grew 3% despite tighter underwriting. Net interest income increased 24% to ₹13,335 crore. Gross NPA ratio improved to 1.06% from 1.24% year-on-year.
Business Standard·


