Stories

Bajaj Finance Q2: AUM Jumps 26.5%, New Loans Up 11% Amid Strong Growth

8. LCC Projects IPO: LCC Projects, an EPC company focused on irrigation and water supply projects, will open its ₹427.14-crore IPO on September 9 and close on September 11. The price band is ₹139-146 per share. The issue comprises a ₹258-crore fresh issue and an OFS of ₹169.14 crore. The company plans to use the fresh proceeds primarily towards repayment of borrowings and purchase of equipment.

CNBC TV18•03-10-2026, 15:00

•Bajaj Finance reported a 26.5% year-on-year increase in Assets Under Management (AUM) to ₹5.85 lakh crore in Q2 FY27.
•New loans booked rose by 11% to 13.45 million, demonstrating robust customer acquisition.
•The customer franchise expanded to 128.85 million as of September 30, 2026.
•The deposit book reached ₹69,750 crore by the end of Q2 FY27.
•Despite strong Q2 growth, Bajaj Finance shares saw a decline of over 1% on the last trading day, with a 9.60% loss over the past month.

Read Full Article on CNBC TV18 in English

Key Questions Answered

Bajaj Finance reported that its assets under management (AUM) rose by 26.5% year-on-year to reach ₹5.85 lakh crore at the end of Q2 FY27. Additionally, the company booked 13.45 million new loans during the quarter, marking an 11% increase compared to 12.17 million a year ago.

As of September 30, 2026, Bajaj Finance's customer franchise grew to 128.85 million, up from 110.64 million in the previous financial cycle. Meanwhile, the company's deposit book stood at ₹69,750 crore by the end of the quarter.

During Q1, Bajaj Finance recorded a Net Interest Income (NII) of ₹12,571 crore, representing a 23% year-on-year increase. Asset quality metrics improved as Gross Non-Performing Assets (NPA) declined to 0.96% and Net NPA dropped to 0.39%, while the period's net profit reached ₹5,986 crore.