Bajaj Housing Finance Q3 results: Net profit rises 25% to Rs 548 crore, revenue up 26%

Bajaj housing finance

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26 Aug, 2025 12:21

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Bajaj Housing Finance announced its results for the December quarter of FY25 on January 27. The company reported a net profit of Rs 548.02 crore in Q3. This marks an increase of over 25 percent from the Rs 436.97 crore net profit reported in the corresponding period of the previous financial year.

Its revenue from operations also rose nearly 26 percent on-year to Rs 2,448.86 crore. The company had earlier reported a revenue of Rs 1,946.18 crore in Q3 of previous financial year.

During the reported quarter, Bajaj Housing Finance's net interest income (NII) increased by 25 percent to Rs 806 crore from Rs 645 crore in Q3 FY24.

On an annual basis, the company's asset quality weakened. Gross NPA and Net NPA as of 31 December 2024 stood at 0.29% and 0.13% respectively, as against 0.25% and 0.10% as of 31 December 2023.

Speaking about its quarterly performance, the company said: "Good quarter in terms of AUM growth and profitability… Asset quality held well during the quarter…Operating efficiency further improved during the quarter."

Also read: Our LIVE Blog on Q3 Results

The Q3 results were released in the post market hours of January 27. The shares had fallen over 3 percent during the day to close at Rs 105.40. Notably, the shares are currently over 50 percent higher than IPO price of Rs 70.  However, the stock is down nearly 30 percent from its listing price of Rs 150. The stock will be under active watch when the market reopens on January 28.

Bajaj Housing Finance, registered with the National Housing Bank in September 2015, is a non-deposit-taking housing finance company. The company provides financial solutions for buying and renovating both residential and commercial properties. Categorised as an "upper layer" non-banking financial company (NBFC) by the Reserve Bank of India (RBI), its mortgage offerings include home loans, loans against property, lease rental discounting, and developer financing.