Bajaj Finance Limited — Board Meeting, 24-07-2025: Outcome of Board Meeting
24-07-2025 | 03:31 pm
24-07-2025 | 03:31 pm
Bajaj Finance's Board has approved robust Q1 FY26 consolidated financial results. Profit after tax jumped 22% year-on-year to ₹4,765 crore, with Assets Under Management growing 25% to ₹441,450 crore. The company onboarded 13.49 million new loans, boosting its customer base to 106.51 million. Gross NPA for the quarter stood at 1.03%.
Key strategic moves include a share sub-division and a 4:1 bonus share issue. In a significant leadership change, Rajeev Jain has been re-designated as Vice Chairman and Managing Director. The company also successfully raised ₹19,920 crore through NCDs to support business growth and various financing activities.
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