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News for India > Business > Bajaj Finserv Q1 Results: Net profit rises 12% to ₹3,132 crore; board approves entering reinsurance business | Stock Market News
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Bajaj Finserv Q1 Results: Net profit rises 12% to ₹3,132 crore; board approves entering reinsurance business | Stock Market News

Last updated: July 31, 2026 12:42 pm
56 mins ago
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Bajaj Finserv Q1 Results: Bajaj Finserv announced its earnings for the quarter ended June 2026 on Friday, 31 July, during market hours. The NBFC reported a 12% YoY increase in consolidated net profit to ₹3,132 crore for the April-June quarter (Q1 FY27), compared with ₹2,789 crore in the corresponding period last year.

The company’s revenue from operations rose 19% YoY to ₹42,037 crore, while interest income increased more than 18% YoY to ₹22,362 crore during the quarter.

Separately, the company’s board approved plans to enter the reinsurance business through a new subsidiary, subject to approvals from the Insurance Regulatory and Development Authority of India (IRDAI) and other regulatory authorities. It also approved the issuance of 15.11 lakh equity shares to the Bajaj Finserv ESOP Trust under the company’s employee stock option scheme.

Shares of the company rallied over 5% to trade at ₹2,008 apiece after the results were released.



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