Bajaj Finance Q2 profit rises 29%, raises AUM growth guidance
Bajaj Finance reported a 29% rise in Q2 profit and raised its full-year AUM growth outlook, while warning that margins may face more pressure in the second half.
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what happened
According to TradingView, Bajaj Finance posted Q2 FY2026 profit after tax of Rs 6,367 crore, up 29% year on year. Assets under management rose 26% to Rs 5,84,624 crore, and net interest income reached Rs 13,335 crore, up 24%. The lender added 13.45 million new loans and now serves 128.85 million customers.
The company also plans to raise Rs 17,500 crore through a QIP and preferential warrants to fund its growth in India. It raised full-year AUM growth guidance and reaffirmed its medium- and long-term targets, but warned that margin compression may worsen in the second half because of RBI repo rate hikes.
why it matters
Two signals matter for markets: strong lending growth alongside expectations of weaker margins. Q2 credit cost was 1.56%, excluding Rs 337 crore of extra macro provisions, compared with 1.32% a year earlier, and management expects second-half credit costs to be roughly in line with the first half.
market impact
Indian equities: strong results support financial stocks, but the expected margin squeeze limits valuation upside.
tags
instruments
sources
- Key facts: BAJFINANCE Q2 PAT +29%, AUM +26%; ₹17,500cr raise; raises AUM guide, warns H2 margins — TradingView, 21 October 2026 at 02:00 UTC
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