Bajaj Finance Q2 preview: Can profit grow nearly 29%?

Bajaj Finance Limited is scheduled to announce its Q2 FY27 results on 19 October 2026. Analysts expect strong year-on-year growth, supported by loan demand and expansion in assets under management (AUM). According to consensus estimates from five brokerages, net profit could rise approximately 29% YoY, while net interest income (NII) could increase around 24%. These are estimates, not confirmed results. Source: Economic Times. Why this matters Bajaj Finance's growth depends on expanding its lending book while maintaining healthy credit quality and funding efficiency. Strong loan growth can support earnings, but rising borrowing costs may put pressure on lending margins. The company has also proposed raising up to ₹17,500 crore through a QIP and preferential warrants, subject to the required approvals. What to monitor Actual profit and NII versus estimates. AUM growth and new customer additions. Net interest margin and cost of funds. Delinquencies, credit costs and asset quality. Management guidance on growth and capital requirements. My analytical view: The key test is not simply whether profit grows, but whether Bajaj Finance can sustain strong lending growth without sacrificing margins or credit quality. Management guidance will be especially important. Risk to the thesis: Higher funding costs, deteriorating credit quality or slower loan demand could affect future profitability. Disclosure: Disclose any applicable holding, position or interest accurately. SEBI RA Disclaimer: Umang Rajesh Bhutada is a SEBI-registered Research Analyst (INH000023001). This content is for educational and informational purposes only and is not investment advice. Securities investments are subject to market risks. Please consult a qualified financial professional before making investment decisions.