What the board approved
Bajaj Finance's board met on 30 July 2026 to approve unaudited standalone and consolidated financial results for the quarter ended 30 June 2026. The joint statutory auditors, Price Waterhouse LLP and Kirtane & Pandit LLP, issued an unmodified limited-review conclusion. The consolidated results include subsidiaries Bajaj Housing Finance (86.70% held) and Bajaj Financial Securities (100%), alongside two associates, Snapwork Technologies and Pennant Technologies.
Behind the routine quarterly-results label sits a quarter of continued double-digit growth across loans, customers and profit, with the company reporting improvement in both asset quality and returns.
Growth across the book
Per the filing, consolidated assets under management grew 24% year-on-year, rising by ₹36,969 crore during the quarter. New loans booked and the customer franchise both expanded at double-digit rates, and net interest income and net total income each grew in the low-twenties percent range on a consolidated basis.
Profitability metrics moved higher. The company reported annualised return on assets of 4.7% (against 4.5% a year earlier) and annualised return on equity of 20.4% (against 19.0%). Loan losses and provisions as a share of average assets under finance fell to 1.54% from 1.87%; the company noted Q1 FY27 included ₹296 crore of prudent management and macro-economic provisions.
Asset quality and capital
On a consolidated basis, the company reported gross NPA at 0.96% and net NPA at 0.39% as of 30 June 2026, versus 1.03% and 0.50% a year earlier. The provisioning coverage ratio on stage-3 assets was 60%.
Capital adequacy stood at 20.90% (Tier-I at 20.01%), and the company said it holds the highest long-term rating of AAA/Stable from CRISIL, ICRA, CARE and India Ratings. The filing also disclosed ₹14,123.08 crore of NCDs raised via private placement during the quarter, with proceeds stated as fully utilised and no deviation reported.