Bajaj Finance shares surged 6 per cent to hit an all-time high Rs 8,249 on January 30, 2025, as investors cheered the company's robust third-quarter earnings, led by solid loan growth. The stock, though, pared most gains later, closing only 1.8 per cent higher.
Bajaj Finance's Q3 performance
- Bajaj Finance reported a consolidated net profit of Rs 4,308 crore for Q3 FY25, marking a substantial 18.4 per cent increase from the year-ago period.
- Total revenue saw an impressive jump of 27.3 per cent year-on-year to Rs 18,035 crore.
- Assets under management (AUM) expanded by 26 per cent to reach over Rs 1 lakh crore.
- Gross NPAs rose to 1.12 per cent for nine months ending December 2024 from 0.95 per cent a year ago.
About Bajaj Finance
Incorporated in 1987, Bajaj Finance Limited operates as a deposit-taking non-banking financial company in India. The company offers consumer finance, including durable, lifestyle, digital products, EMI cards, two and three-wheeler, personal loans, loans against fixed deposits, extended warranties, and home and gold loans. It also provides SME finance and loans against property and shares.
Also read: ITC Hotels hits 5% lower circuit post weak debut. Things you should know
Ask Value Research 
New episodes every Friday 
New Process Alert 
Seems like you've uploaded a wrong QR code. Please upload the QR code downloaded from MF Central platform.
