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

Bajaj Finance Q4 Results: Bajaj Finance's standalone net profit grew 16 per cent to ₹3,940.4 crore in the March quarter, helped by healthy loan growth. The results include the businesses of its subsidiaries, Bajaj Housing Finance and Bajaj Financial Securities.

India's biggest non-banking financial company (NBFC), reported a higher fourth-quarter profit aided by a tax reversal. 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.

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. Its net interest income -- the difference between interest earned and paid out -- rose 22 per cent annually.

The NBFC, which has grappled with elevated bad loans in the unsecured segment, said its provisions for bad loans increased nearly 78 per cent. 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 NBFC 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. During the quarter, the NBFC 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.

Bajaj Finance dividend, bonus issue, stock split

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 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 one equity share of Re 1 each.