Bajaj Finance Q3 Results: There have been constant fluctuations in the Bajaj shares from the past few days. Bajaj Finance saw a decrease on the most recent trading day, opening at ₹7673.85 and closing lower at ₹7604.70. During the day, the stock fluctuated between a low of ₹7570 and a high of ₹7786.20. Let’s learn more about these Bajaj Finance Q3 results and its shares through this article.
Overview of Bajaj Finance
A subsidiary of Bajaj Finance Limited, one of the most diversified NBFCs in the Indian market with over 88.11 million customers nationwide, Bajaj Housing Finance Limited (BHFL) has been designated by the RBI as an “Upper-Layer NBFC” in accordance with Scale Based Regulations. With its headquarters located in Pune, BHFL provides financing to both:
Individuals,
- Business entities for the acquisition and remodeling of residential or commercial real estate.
It also offers operating cash for business expansion as well as loans secured by property for personal or professional requirements. Along with providing lease rental discounts to developers and high-net-worth individuals, BHFL also provides financing to developers working on the building of residential and commercial properties. India Ratings and CRISIL have given the company an A1+ rating for its debt program (short-term) and a AAA/Stable rating for its debt program (long-term).
Bajaj Finance Q3 Results
Bajaj Finance Q3 results are out, and one should know how profitable the company is before investing. The net profit of Bajaj Finserv increased to ₹2,231 crore by 3.4% in the third quarter of FY25 from ₹2,158 crore in the same period the previous year. From ₹29,038 crore to ₹32,042 crore, the company’s revenue grew by 10%.
Given its 52-week high of ₹7823.85 and low of ₹6190, Bajaj Finance’s performance is quite remarkable, with a ₹480,151.50 crore market capitalization. Around 31,834 shares were recorded by the BSE.
However, Bajaj Finserv’s consolidated interest income decreased by 20% year over year (Y-o-Y) from Rs 17,408.60 crore to Rs 13,922.38 crore. Additionally, revenue increased marginally by 5% sequentially from Rs. 16,571 Cr. As of December 31, 2024, the company’s AUM (assets under management) had increased by 28% to Rs 3,98,043 crore from Rs 3,10,968 crore during the same period last year. Bajaj Housing Finance played a major role in this expansion, recording a Rs 1,08,314 crore AUM, representing a 26% year-over-year gain. The Bajaj Finance Q3 results are overall positive for everyone who wants to hear it!
Conclusion
Considering the Bajaj Finance Q3 results, it would not be wrong to say that the company has a long way to go, and since the company will witness the appointment of a new CFO in the month of February, the leadership of the management will become the new question for its future growth.
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