- Bajaj Finance, an Indian NBFC (non-banking financial company), saw its shares jump 7 per cent to a 52-week high after reporting a 28 per cent rise in consolidated profit after tax (PAT) for the June quarter of FY27, driven by growth in core income and improved asset quality.
- On the BSE (Bombay Stock Exchange), the stock rose 6.81 per cent to Rs 1,128 -- a 52-week high; on the NSE (National Stock Exchange), it climbed 7 per cent to a high of Rs 1,128.10.
Bajaj Finance shares soared 7% to a 52-week high of ₹1,128 following the release of its Q1 FY27 earnings report, which revealed a 28% year-on-year increase in consolidated profit after tax (PAT) to ₹6,081 crore.1234
The growth was attributed to strong core income and enhanced asset quality, with net interest income rising 23% to ₹12,571 crore compared to ₹10,228 crore in the same quarter last year. The company's net total income also climbed 22% to ₹15,224 crore from ₹12,460 crore a year earlier.
Bajaj Finance's asset quality showed significant improvement, with gross non-performing assets decreasing to 0.96% as of June 30, 2026, down from 1.03% a year prior. Additionally, net non-performing assets fell to 0.39% from 0.50% over the same period.
The positive earnings report and improved financial metrics have bolstered investor confidence, leading to a notable increase in share price.
“Consolidated profit after tax rose 28% year-on-year in the June quarter, helped by growth in core income and improved asset quality. On the BSE the stock gained 6.81% to ₹1,128, while on the NSE it touched a high of ₹1,128.10.”
