Archive · 23 Jul 2025
Bajaj Housing Finance Reports Jump in First-Quarter Profit
Bajaj Housing Finance, which helps people get home loans, made a lot more money in the first three months of the year.
Their profits went up by 21%.
This was because more people wanted to buy homes, especially fancy ones.
The company's total loans and assets grew a lot too.
They made more money from the interest they earned.
However, a small amount of loans weren't paid back on time.
The company is also using more online services for their customers.
The company's stock went up a bit, but it's still not worth as much as it was when it first started.
Bajaj Housing Finance's first-quarter profit jumped 21% to 5.83 billion rupees.
Assets under management (AUM) climbed 24% year-on-year to 1.20 trillion rupees.
Net interest income rose 33% to 8.87 billion rupees.
Gross bad loans rose to 0.30% of total loans.
The company's employee headcount stood at 2,017 at the end of the quarter.
- Who
- Bajaj Housing Finance
- What
- Bajaj Housing Finance reported a 21% jump in first-quarter profit.
- When
- For the three months ending June 30.
- Where
- India
- Why
- Bolstered by strong credit growth and demand for homes.
Current State
Future Outlook
AUM Growth
Current State
The company's loan assets and assets under management climbed 24% year-on-year.
Future Outlook
A lower AUM growth during the quarter, driven by hypercompetitive intensity and slight moderation in real estate demand.
- Profit
- 5.83 billion rupees
- Profit increase
- 21%
- AUM
- 1.20 trillion rupees
- AUM growth
- 24%
- Net Interest Income Increase
- 33%
- Gross Bad Loans
- 0.30%
- Employee Headcount
- 2,017