Bajaj Housing Finance profit climbs 21 per cent
Assets under management (AUM) grew 26% to Rs 1.02 lakh crore as of September 30, from Rs 81,215 crore in the same quarter last year.
Bajaj Housing Finance business model risk is low, but valuation risk is high
Lower interest spreads lead to lower return ratios. Sure, Bajaj Housing has a lower spread, and the business model has less risk by virtue of being a mortgage lender. However, its return on assets (RoA) at 2.5% for Q2FY25 is much lower than parent Bajaj Finance’s RoA of 5% plus seen in Q1FY25.
India's Bajaj Housing Finance posts Q2 profit rise on steady home loan demand
India's most valuable home loan financier Bajaj Housing Finance posted a 21% rise in its second-quarter profit on Monday as demand for credit remained robust.
Bajaj Housing Finance Q2 Profit Up 21% to Rs 546 Crore
Bajaj Housing Finance reported a 21% rise in net profit to Rs 546 crore in Q2 FY25. Total income increased to Rs 2,410 crore, while asset quality deteriorated.
Bajaj Housing Finance to grow construction finance to around 16% of AUM
The housing financier is also bullish on the lease rental discounting (LRD) business and plans to continue to grow it at a steady pace.
Bajaj Housing Finance Shares In Green After Strong Q2, Brokerages Mixed On Core Earnings
Bajaj Housing Finance announced its second-quarter results on Monday, marking its first quarterly results after the company was listed in September. What Happened: Bajaj Housing Finance's net profit rose 21% from the previous year to ₹546 crore.
Bajaj Housing Finance Q2 Results | Net profit rises 21%, revenue matches up
The housing finance company maintained its AUM momentum with 26% growth this quarter. Shares of Bajaj Housing Finance ended at ₹136.55, down by ₹2.75, or 1.97%, on the BSE.
India's Bajaj Finance misses Q2 profit view on higher bad loan provisions
India's Bajaj Finance reported a smaller-than-expected second-quarter profit on Tuesday as it set aside more funds for potential bad loans. The company reported a consolidated profit after tax of 40.14 billion rupees ($477.
Bajaj Housing Finance Q2 Profit Rises 21%, but Stock Appears Overvalued
The net profit of Bajaj Housing Finance, a non-banking financial company (NBFC), rose 21% year-on-year (Y-o-Y) to INR 546 crore in the second quarter of FY25 (Q2 FY25) from INR 451 crore in Q2 FY24, aided by healthy growth in total income.
Bajaj Housing Finance Q2 Results: Net profit jumps 21% YoY to Rs 546 crore, NII rises 13%
The company reported a 13% rise in net interest income (NII) for Q2 FY25, reaching Rs 713 crore, up from Rs 632 crore in Q2 FY24. Assets under management (AUM) grew 26% to Rs 1,02,569 crore as of September 30,
Bajaj Housing Finance Q2 results FY25: Profit up 21%! Highlights of first-ever earnings since IPO listing
Bajaj Housing Finance has announced the results of quarter ended fiscal year 30 September, 2024. The net profit up by 95 crore or 21 percent year-on-year. The company's income from operations in the reported quarter was Rs 2,
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