Bajaj Housing Finance delivered robust Q2FY27 results with gross disbursements surging 25.2% to ₹19,930 crore compared to ₹15,914 crore in the previous year. According to the company's exchange filing issued on October 3, assets under management (AUM) grew 25% to ₹1.58 lakh crore from ₹1.27 lakh crore year-on-year. The company's loan assets (AR) stood at ₹1.40 lakh crore, significantly higher than ₹1.13 lakh crore recorded in the corresponding period last year. As reported by CNBC TV18, AUM experienced a 24% year-on-year rise to ₹1,49,624 crore as of June 30, 2026, relative to ₹1,20,420 crore in the prior year. On a sequential basis, AUM increased by approximately ₹8,566 crore during the quarter, demonstrating strong momentum in business growth.
In Q1 FY27, Bajaj Housing Finance reported strong financial results with net profit increasing 22.6% year-on-year to ₹715 crore compared to ₹583 crore in the preceding year. As reported by CNBC TV18, net interest income (NII) expanded 9% to ₹968 crore during the first quarter, rising from the previous quarter's figure of ₹887 crore. Net total income grew 16% to ₹1,175 crore from ₹1,009 crore, while quarterly revenue increased 17.2% to ₹3,063 crore from ₹2,613 crore in the equivalent period of the previous year. The company also reported a significant improvement in asset quality with loan losses and provisions declining substantially to ₹16 crore in the quarter, down from ₹38 crore in the prior year.
The company's stock performance showed positive momentum, with shares closing 1.43% higher at ₹83.17 on Thursday, as reported by CNBC TV18. The stock has shown resilience despite broader market challenges, with disbursements being broadly stable sequentially compared with Q1FY27. However, the stock has faced some pressure, declining around 14% so far this year, indicating that while recent quarterly results are strong, longer-term performance has been impacted by market conditions. The stock's recovery to ₹83.17 from its intraday high of ₹83.19 during the session demonstrates investor confidence in the company's growth trajectory.
