Bajaj Housing Finance's Q3 profit jumps 21% YoY
Business
Bajaj Housing Finance just posted a solid 21% rise in profit for Q3 FY26, hitting ₹665 crore—up from ₹548 crore in Q3 FY25 (Oct-Dec 2024).
Even with higher provisions, the company's income and assets grew steadily, showing strong demand for home loans.
The company's net interest income increased by 19%
Net interest income went up 19% to ₹963 crore, while total income rose 24%. Assets under management also jumped by 23%.
Although loan loss provisions increased, Bajaj Housing Finance kept its capital adequacy ratio healthy at 23.15%.
This is a good example of steady growth
If you're curious about how finance companies are doing or thinking about future trends in home loans, this is a good example of steady growth even when challenges pop up.