Bajaj Finance shares fell 3% on Wednesday, 21 October, despite the non-banking financial company reporting a 29% year-on-year increase in consolidated net profit for the September quarter of FY27, supported by higher interest income.
On 19 October, Bajaj Finance reported consolidated net profit of ₹6,367 crore for the second quarter, compared with ₹4,948 crore in the corresponding quarter last year.
Total consolidated income rose to ₹24,576 crore from ₹19,992 crore a year earlier, according to the company’s regulatory filing. Net interest income (NII) increased 24% year-on-year to ₹13,335 crore from ₹10,785 crore in Q2 FY26.
However, the company’s total expenditure also climbed to ₹16,042 crore from ₹13,388 crore in the year-ago period.
Bajaj Finance reported an improvement in asset quality during the quarter. Gross non-performing assets (GNPA) declined to 1.06% of gross loans as of September 30, 2026, compared with 1.24% a year earlier. Net non-performing assets (NNPA) eased to 0.42% from 0.60% over the same period.