STRONG RESULTS---> THIS SECTOR IS BOOMING !! READ MORE...

AUM Crosses ₹5.84 Lakh Crore as NII Grows 24% — Is the Lending Growth Story Getting Stronger?

has delivered strong year-on-year growth in its September-quarter results, supported by higher net interest income and expanding assets under management (AUM). However, investors will also monitor provisions, operating efficiency and emerging credit-risk indicators. 1. Q2 FY27 RESULTS SNAPSHOT Financial Metric Q2 FY27 Growth Net Profit ₹6,367 Cr ↑ 29% YoY Net Interest Income (NII) ₹13,335 Cr ↑ 24% YoY Pre-Provision Operating Profit (PPOP) ₹10,699 Cr ↑ 23% YoY Provisions ₹2,166 Cr ↑ 4% YoY Assets Under Management (AUM) ₹5,84,624 Cr ↑ 26% YoY --->WHAT IS DRIVING THE GROWTH? Strong lending business: NII rose 24% YoY to ₹13,335 crore, reflecting continued growth in the company's lending operations. Expanding loan portfolio: AUM increased 26% to ₹5.84 lakh crore, indicating strong growth in the overall lending book. Improving profitability: Net profit advanced 29% to ₹6,367 crore, supported by higher income and improving asset quality. --->. PROVISIONS AND ASSET QUALITY: THE IMPORTANT CHECK Provisions increased to ₹2,166 crore from ₹2,080 crore a year earlier. However, this quarter included an additional ₹337 crore provision for management and macroeconomic risks. Excluding this additional provision, loan losses and provisions declined 12% YoY to ₹1,829 crore. Asset-quality indicators also improved: Gross NPA: 1.06%, compared with 1.24% a year ago. Net NPA: 0.42%, compared with 0.60% a year ago. Credit cost: 1.56%, compared with 1.88% a year ago. These indicators suggest improved reported asset quali --->BOTTOM LINE Bajaj Finance reported strong Q2 FY27 growth, with net profit rising 29%, NII increasing 24% and AUM growing 26% year-on-year.