Bajaj Finserv Ltd. has reported a 22.9% year-on-year increase in consolidated profit attributable to owners to ₹2,757.65 crore for the second quarter of FY27, compared with ₹2,244 crore in the corresponding quarter last year.
The company’s consolidated total income rose 16.7% to ₹43,415.65 crore in Q2 FY27, against ₹37,214.56 crore in Q2 FY26. Consolidated profit after tax, including the share attributable to non-controlling interests, stood at ₹5,952.01 crore, up 25.4% from ₹4,746.47 crore a year earlier.
The results cover the quarter and half year ended September 30, 2026.
Bajaj Finserv Q2 Results : Key Financial Highlights
Consolidated Performance – Q2 FY27
- Total income: ₹43,415.65 crore, up 16.7% YoY.
- Profit before tax: ₹8,607.58 crore, up 26.1% YoY.
- Profit after tax: ₹5,952.01 crore, up 25.4% YoY.
- Profit attributable to owners: ₹2,757.65 crore.
- Basic earnings per share: ₹17.22, compared with ₹14.05 a year ago.
Standalone Performance – Q2 FY27
- Total income: ₹2,047.15 crore, compared with ₹1,481.28 crore in Q2 FY26.
- Profit after tax: ₹1,458.53 crore, compared with ₹1,085.18 crore a year ago.
- Basic earnings per share: ₹9.11, against ₹6.79 in the corresponding quarter last year.
Bajaj Finance Leads Lending Business Performance
Bajaj Finance continued to contribute significantly to the group’s performance. The subsidiary reported a 29% year-on-year increase in consolidated profit after tax to ₹6,367 crore for Q2 FY27.
Its consolidated net total income increased 23% to ₹15,974 crore. Assets under management (AUM) grew 26% year-on-year to ₹5,84,624 crore as of September 30, 2026.
The lender added 4.42 million customers during the quarter and booked 13.45 million new loans. Its gross non-performing asset ratio improved to 1.06%, compared with 1.24% a year earlier.
Bajaj Housing Finance also reported growth, with profit after tax rising 18% to ₹757 crore and AUM increasing 25% to ₹1,58,205 crore.
Insurance Businesses Report Mixed Performance
The group’s insurance businesses delivered contrasting results during the quarter.
Bajaj Life Insurance reported a 23% increase in gross written premium to ₹10,276 crore. Its value of new business (VNB), a measure of profitability from new insurance policies, increased 40% to ₹512 crore.
Meanwhile, Bajaj General Insurance reported a 10% increase in gross written premium. However, its profit after tax declined to ₹420 crore from ₹517 crore in the year-ago quarter. Its combined ratio increased to 104.5% from 102.3%, indicating higher claims and operating costs relative to premiums.
H1 FY27 Financial Performance
For the first six months of FY27, Bajaj Finserv reported consolidated total income of ₹85,452.55 crore, compared with ₹72,518.30 crore in the corresponding period last year.
Consolidated profit after tax increased to ₹12,248.68 crore from ₹10,075.64 crore. Profit attributable to the company’s owners stood at ₹5,890.01 crore for the half year.
On a standalone basis, total income for H1 FY27 was ₹3,589.05 crore, while profit after tax stood at ₹2,576.13 crore.
Bajaj Finserv Expresses Intent to Invest Up to ₹5,800 Crore in Bajaj Finance
Alongside the financial results, Bajaj Finserv stated its intent to subscribe to a proposed preferential issue of Bajaj Finance shares for an amount of up to ₹5,800 crore.
The proposed subscription remains subject to finalisation of the terms and conditions and the necessary regulatory and statutory approvals.
Conclusion
Bajaj Finserv reported year-on-year growth in consolidated income and profitability in Q2 FY27, supported by the performance of its lending businesses and life insurance operations. While Bajaj Finance and Bajaj Life Insurance recorded growth, Bajaj General Insurance saw a decline in profit during the quarter.
The results reflect the group’s performance across lending, housing finance and insurance businesses during the September 2026 quarter.
Source: Bajaj Finserv Q2 and H1 FY27 financial results and related company disclosures.
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