Shares of Bajaj Housing Finance are likely to remain in focus on April 23 after the company reported strong financial results for the January to March quarter of FY25. This housing finance subsidiary of Bajaj Finance has shown impressive growth in both profit and business operations.
The company’s net profit for Q4FY25 rose by 54 percent to ₹587 crore, compared to ₹381 crore during the same quarter last year. Its net interest income also increased by 31 percent year-on-year, reaching ₹823 crore in the March quarter from ₹629 crore in Q4FY24.
Bajaj Housing Finance’s asset quality remained strong. Gross Non-Performing Assets (NPAs) at the end of March were 0.29 percent, and net NPAs were at 0.11 percent. These were marginally higher compared to the last quarter, when gross and net NPAs were at 0.27 percent and 0.10 percent, respectively. The Stage 3 asset provision coverage ratio was at 60 percent.
The company had announced its preliminary business figures earlier this month, also reflecting upbeat trends. Gross disbursements in the March quarter were at ₹14,250 crore, a sharp spike from last year’s comparable quarter at ₹11,393 crore.
The assets under management (AUM) of the company remained robust above ₹1 lakh crore and increased 26 percent year-over-year to stand at ₹1.14 lakh crore as on Q4FY25.
Up to now in 2025, Bajaj Housing Finance’s stock has gone up by 3.6 percent, marginally higher than that of the Nifty 50 index, which rose by 2 percent during the span.
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Source: Moneycontrol.
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