BAJAJ FINANCE LIMITED - Quarterly Result Update Q4'425

Bajaj Finance has continued to post healthy 17% growth in the net profit to Rs 4479.57 crore for the quarter ended March 2025 (Q4FY2025). Income from operations on a consolidated basis increased 24% to Rs 16359.14 crore, while other income jumped 24% to Rs 2109.60 crore. Total income moved up 24% to Rs 18468.74 crore in the quarter ended March 2025. Interest expenses moved up 26% to Rs 6551.98 crore. NII of the company galloped 22% to Rs 9807.16 crore in Q4FY2025. Operating expenses increased 19% to Rs 3697.25 crore, allowing the operating profit to jump 24% to Rs 8219.51 crore. Depreciation moved up 31% to Rs 252.01 crore, while loan loss provisions increased 78% to Rs 2328.94 crore in Q4FY2025. PBT increased 11% to Rs 5638.56 crore. Effective tax rate declined to 19.5% in Q4FY2025 from 25.1% in Q4FY2024. Net Profit of the company moved up 19% to Rs 4536.75 crore in the quarter ended March 2025. The share of P&L of associate was at Rs 8.82 crore in Q4FY2025 compared with Rs 3.01 crore in Q4FY2024. The final bottom-line of the company increased 17% growth in the net profit to Rs 4479.57 in Q4FY2025. Business highlights Number of new loans booked in Q4FY25 was at 10.10 million as against 7.87 million in Q4FY24, a growth of 36%. Customer franchise crossed a milestone of 100 million and stood at 101.82 million end March 2025, compared to 83.64 million end March 2024, a growth of 22%. Customer franchise grew by 4.70 million in Q4FY25. Assets under management (AUM) grew by 26% to Rs 416661 crore end March 2025 from Rs 330615 crore at end March 2024. AUM grew by Rs 18618 crore in Q4FY25. Net interest income increased by 22% in Q4FY25 to Rs 9807 crore from Rs 8013 crore in Q4FY24 Loan losses and provisions for Q4FY25 was Rs 2329 crore as against Rs 1310 crore in Q4FY24. In Q4FY25, the Company made an additional provision of Rs 359 crore on account of the redevelopment of its ECL model.