NBFC Bajaj Finance Ltd on April 29 reported 17% jump in consolidated net profit at Rs 4,480 crore for the quarter ended March 31, 2025. It reported consolidated net profit of Rs 3,825 crore in the year-ago period.
Its consolidated revenue rose 17% to Rs 18,457 crore in Q4FY25 as against Rs 14,927 crore in Q4FY24.
On April 29, Bajaj Finance's shares on BSE closed marginally higher at Rs 9,105 apiece.
Bajaj Finance's assets under management grew 26% during the quarter, helped by strong demand for credit, while new loan bookings jumped 36% from a year ago.
The results include the businesses of its subsidiaries, Bajaj Housing Finance and Bajaj Financial Securities.
The company also announced sub-division of one equity share into two equity shares and issue of bonus equity shares in the ratio of 4:1 i.e., four bonus equity shares of for every one equity share.
"FY25 was a mixed year. Good year on volume, AUM growth, customer acquisition, operating efficiencies and pre-provisioning profit. Elevated credit cost resulted in subdued profit growth. Delivered AUM growth of Rs 86,046 crore, booked 43.42 MM new loans and added 18.18 MM new customers in FY25. Digital platforms delivered Rs 38,642 crore of business and has reached a state of maturity," said the company in an investor presentation.
Its net interest income -- the difference between interest earned and paid out -- rose 22% to Rs 9,807 crore.
The company said a reassessment of its tax position led to a Rs 99-crore reduction in last fiscal year's tax provision and a Rs 249-crore tax expense reversal for prior years, all of which were accounted for in the latest quarterly results.
The NBFC, which has grappled with elevated bad loans in the unsecured segment, said its provisions for bad loans increased nearly 78% in the quarter to Rs 2,329 crore.
The company also declared special dividend of Rs 12 per share and final dividend of Rs 44 per share for FY25.
"The Board of Directors have declared a Special (Interim) Dividend on equity shares at the rate of Rs. 12 per share (600%) of face value of Rs 2 each for the financial year ended 31 March 2025. The same will be credited/dispatched on or about 26 May, 2025. The distribution of Special (Interim) Dividend is on account of exceptional gain resulting from the sale of investment in Bajaj Housing Finance Limited as part of IPO listing in September 2024," said Bajaj Finance in a stock exchange filing. Record date for special dividend has been fixed as May 9, 2025.
"The Board of Directors have recommended Final Dividend on equity shares at the rate of Rs 44 per share (2200%) of face value of Rs 2 each for the financial year 31 March 2025. The said dividend, if declared, by the shareholders at the ensuing Annual General Meeting, will be credited/dispatched on or about 28 July, 2025," said the company. Record date for final dividend has been fixed as May 30, 2025.
Net interest income increased by 22% in Q4FY25 to Rs 9,807 crore from Rs 8,013 crore in Q4FY24.
Capital adequacy ratio (CRAR) (including Tier-II capital) as of 31 March 2025 was 21.93%. The Tier-I capital was 21.09%.
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