Bajaj Finance Q4 Results: Net profit rises 16% to ₹3,940.4 crore; Special dividend, bonus issue, stock split declared | Stock Market News

Bajaj Finance Q4 Results: Bajaj Finance’s standalone net profit grew 16 per cent to ₹3,940.4 crore in the March quarter, helped my healthy loan growth.

The results include the businesses of its subsidiaries, Bajaj Housing Finance and Bajaj Financial Securities.

Bajaj Finance’s assets under management grew 26 per cent during the quarter, helped by strong demand for credit, while new loan bookings jumped 36 per cent from a year ago.

NBFC firm Bajaj Finance on Tuesday reported a 16 per cent rise in its standalone net profit to ₹3,940 crore in the March 2025 quarter.

It had registered a net profit of ₹3,402 crore in the same period a year earlier.

Total income during January-March of 2024-25 rose to ₹15,808 crore against ₹12,764 crore in the corresponding year-ago period, Bajaj Finance said in a regulatory filing.

Interest income increased to ₹13,824 crore from ₹11,201 crore a year ago.

On a consolidated basis, the net profit grew by 19 per cent to ₹4,546 crore from ₹3,825 crore in the same quarter previous fiscal.

The total assets under management as on March 31, 2025, increased by 26 per cent to ₹4,16,661 crore.

The company said its gross non-performing assets (NPAs) and net NPAs as of March 31, 2025, stood at 0.96 per cent and 0.44 per cent, respectively.

The board recommended a final dividend of ₹44 per equity share of face value ₹2 for 2024-25.

Besides, the board approved sub-division of 1 equity share of face value of ₹2 each fully paid-up into 2 equity shares of face value of Re 1 each fully paid-up.

It has also approved issue of bonus equity shares in the ratio of 4:1, that is, 4 bonus equity shares of Re 1 each for every 1 equity share of Re 1 each.

During the quarter, the company re-assessed its income tax position for certain items based on favourable orders of various courts and tribunals.

Accordingly, the company has reversed tax expense for earlier years, amounting to ₹249 crore and reduced the current year’s tax provision by ₹99 crore, resulting in overall tax reduction of ₹348 crore in Q4 FY25.