Bajaj Finance Likely to Post 23% Profit Growth on Strong Loan Book Expansion

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is projected to deliver a robust quarterly performance, with profit and net interest income expected to rise around 23% year-on-year. The company’s assets under management are estimated to have grown nearly 24% YoY and 4–5% QoQ to about ₹4.6 lakh crore, led by strong traction in consumer, SME, and commercial lending. Analysts forecast NII growth of 23–24% YoY, aided by healthy volumes and improved spreads at 8.5%. Margins are likely to remain steady near 9.5–9.6%, while credit costs are expected to stay around 2% of AUM. Asset quality is projected to remain strong, with gross and net stage 3 ratios at 1% and 0.5%, respectively. Pre-provision operating profit is expected to see sequential growth of 7%, underscoring steady performance across all business segments.