BAJAJFINSV

Q4 FY26 Consolidated Results YoY: Total Income at 38508 Cr vs 36434 Cr, up 5.7%; revenue was impacted by mark-to-market losses on investments, excluding which income grew 14.0%. EBITDA at 14536 Cr vs 12738 Cr, up 14.1%. EBITDA Margin at 37.7% vs 35.0%, expansion of 270bps. PAT at 2539 Cr vs 2417 Cr, up 5.0%. Retail financing was the key profit driver with 28.5% YoY growth, whereas the insurance segment dragged performance with a consolidated pre-tax loss of 10 Cr. Bajaj Life Net Value of New Business (VNB) at 709 Cr vs 549 Cr, up 29.1%. Board recommended a dividend of Rs 1.50 per share, including a special centenary payout. The company completed the acquisition of Allianz’s stake in its insurance subsidiaries, increasing its ownership to 77.3%.