Bajaj Finserv reported consolidated total income of ₹43,415.65 crore in Q2 FY27, up 16.7% year on year (YoY). Consolidated profit after tax (PAT) rose 25.4% to ₹5,952.01 crore, while PAT attributable to owners of the company increased 22.9% to ₹2,757.66 crore. The quarter ended on 30 September 2026.
Bajaj Finserv’s Q2 FY27 Earnings
| Financial Metric | Q2 FY27 | Q2 FY26 | YoY Change |
|---|---|---|---|
| Consolidated total income | ₹43,415.65 crore | ₹37,214.56 crore | +16.7% |
| Consolidated revenue from operations | ₹43,415.65 crore | ₹37,214.56 crore | +16.7% |
| Profit before exceptional items and tax | ₹8,603.85 crore | ₹6,821.93 crore | +26.1% |
| Profit before tax | ₹8,607.58 crore | ₹6,825.13 crore | +26.1% |
| Consolidated profit after tax (PAT) | ₹5,952.01 crore | ₹4,746.47 crore | +25.4% |
| PAT attributable to owners | ₹2,757.66 crore | ₹2,244.10 crore | +22.9% |
| Basic EPS | ₹17.22 | ₹14.05 | +22.6% |
Bajaj Finserv’s consolidated revenue and PAT increased strongly year on year, supported by growth across retail financing, life insurance and general insurance businesses. The company did not report any exceptional items in Q2 FY27.
The consolidated results include Bajaj Finance, Bajaj General Insurance, Bajaj Life Insurance, Bajaj Housing Finance, Bajaj Finserv Direct, Bajaj Finserv Health and Bajaj Asset Management, among other subsidiaries.
Business Performance & Key Metrics
| Operating Metric | Q2 FY27 | Previous Year / Period |
|---|---|---|
| Retail financing segment revenue | ₹24,575.83 crore | ₹19,992.39 crore; +22.9% YoY |
| Retail financing segment profit before tax | ₹8,153.85 crore | ₹6,537.04 crore; +24.7% YoY |
| Bajaj Finance AUM | ₹5,84,624 crore | ₹4,62,261 crore; +26% YoY |
| Bajaj Finance customer franchise | +4.42 million | New loans booked: 13.45 million |
| Bajaj General gross written premium | ₹7,056 crore | ₹6,413 crore; +10% YoY |
| Bajaj Life gross written premium | ₹10,276 crore | ₹8,366 crore; +23% YoY |
| Bajaj Life value of new business (VNB) | ₹512 crore | ₹367 crore; +40% YoY |
| Bajaj Asset Management closing AUM | ₹35,768 crore | — |
Retail financing remained the largest earnings driver, with segment revenue rising 22.9% YoY and segment profit before tax increasing 24.7%. Bajaj Finance’s AUM grew 26% YoY to ₹5,84,624 crore, while its gross NPA improved to 1.06% from 1.24% a year earlier.
In insurance, Bajaj General’s gross written premium rose 10% YoY to ₹7,056 crore, while Bajaj Life’s gross written premium increased 23% to ₹10,276 crore. Bajaj Life’s value of new business rose 40% YoY to ₹512 crore, reflecting stronger new-business profitability.
Share Price Reaction After Q2 FY27 Results
| Results Metric | Value |
|---|---|
| Results announcement date | 3 November 2026 |
| Market reaction | +1.58% |
| Consolidated PAT | ₹5,952.01 crore |
| PAT growth YoY | +25.4% |
| Revenue growth YoY | +16.7% |
| Bajaj Finance PAT growth YoY | +29% |
The market response will reflect Bajaj Finserv’s strong consolidated earnings growth, stable asset quality at Bajaj Finance and continued momentum in insurance. Investors will track AUM growth, credit costs, insurance margins and the performance of emerging businesses.
Bajaj Finserv vs Other Financial Services Stocks
| Company | Revenue / Total Income (Q2 FY27) | Revenue Growth YoY | PAT (Q2 FY27) | PAT Growth YoY |
|---|---|---|---|---|
| Bajaj Finserv | ₹43,415.65 crore (consolidated total income) | +16.7% | ₹5,952.01 crore (consolidated PAT) | +25.4% |
| HDFC Bank | Results awaited | — | Results awaited | — |
| ICICI Bank | Results awaited | — | Results awaited | — |
| Axis Bank | Results awaited | — | Results awaited | — |
Peer results for HDFC Bank, ICICI Bank and Axis Bank were not available in the official sources reviewed at the time of writing. Bajaj Finserv’s results should be compared using consolidated total income and PAT, given its diversified financial-services structure spanning lending, insurance and asset management.
Bajaj Finserv’s Quarterly Financial Performance
| Quarter | Consolidated Total Income | Consolidated PAT | PAT Attributable to Owners | Revenue Growth |
|---|---|---|---|---|
| Q2 FY27 | ₹43,415.65 crore | ₹5,952.01 crore | ₹2,757.66 crore | +16.7% YoY |
| Q1 FY27 | ₹42,036.90 crore | ₹6,296.67 crore | ₹3,132.35 crore | — |
| Q2 FY26 | ₹37,214.56 crore | ₹4,746.47 crore | ₹2,244.10 crore | — |
| H1 FY27 | ₹85,452.55 crore | ₹12,248.68 crore | ₹5,890.01 crore | +17.8% YoY |
Bajaj Finserv reported sequential improvement in total income in Q2 FY27, while PAT declined QoQ due to fair-value movements and insurance-related volatility. For the first half of FY27, consolidated total income rose 17.8% YoY and PAT increased 21.6% YoY.
Key Takeaways from Bajaj Finserv Q2 FY27 Results
- Consolidated total income: ₹43,415.65 crore, up 16.7% YoY.
- Consolidated PAT: ₹5,952.01 crore, up 25.4% YoY.
- PAT attributable to owners: ₹2,757.66 crore, up 22.9% YoY.
- Bajaj Finance AUM: ₹5,84,624 crore, up 26% YoY.
- Bajaj Finance PAT: ₹6,367 crore, up 29% YoY.
- Bajaj General gross written premium: ₹7,056 crore, up 10% YoY.
- Bajaj Life value of new business: ₹512 crore, up 40% YoY.
- Key metrics to track: AUM growth, credit costs, gross and net NPA, insurance margins, value of new business and emerging-business losses.
Disclaimer
The information provided above is for informational and educational purposes only and should not be construed as investment advice, a recommendation to buy or sell Bajaj Finserv shares, or a guarantee of future performance. The financial results, operational metrics and industry comparisons are based on Bajaj Finserv’s official unaudited consolidated financial results for the quarter ended 30 September 2026 and may be subject to revisions or updates. Investors should refer to Bajaj Finserv’s official disclosures and BSE/NSE filings for the latest information.
