Bajaj Finserv Q2 net profit rises 8% on-year as interest income, insurance premiums jump

Bajaj Finserv has declared its Q2 FY25 Results.

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26 Aug, 2025 12:21

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Bajaj Finserv Q2 FY25 net profit rose 8 percent year-on-year to Rs 2,087 crore, helped by higher interest income and insurance premium income.

However, the profit gain was limited by higher expenses on finance cost and claims paid during the quarter, showed the company's stock exchange filing. The non-banking finance company's (NBFC) July-September total revenue from operations jumped 29 percent on-year to Rs 33,704 crore.

Bajaj Finserv’s Q2 consolidated profit after tax was supported by a Rs 1,650 crore net gain on change in fair value of investments held; this ballooned from Rs 102 crore in the corresponding quarter previous year.

Bajaj Finserv's group company Bajaj Finance contributed with a 13 percent increase in profits to Rs 4,000 crore in profit after tax for the quarter. Bajaj Finance showed strong growth in customer acquisition, adding 3.98 million customers and booking 9.69 million new loans in the quarter. Its housing finance arm, Bajaj Housing Finance Limited (BHFL), also contributed with a 21 percent growth in profit after tax.

Meanwhile, the company's insurance arms, Bajaj Allianz General Insurance and Bajaj Allianz Life Insurance, also showed robust growth. Bajaj Allianz General Insurance posted a 6 percent growth in profit after tax to Rs 494 crore, while Bajaj Allianz Life Insurance reported a modest 3 percent growth in net new business value to Rs 245 crore.

For the half year ended September 2024, Bajaj Finserv's consolidated total income rose 32 percent to Rs 65,184 crore, while consolidated profit after tax grew 9 percent to Rs 4,225 crore.

Bajaj Finserv share price was up 2.24 percent from the previous close to Rs 1,761.8 on BSE, holding the day's gains.