Bajaj Finance's Profit Surges by 22%: A Market Delight

Bajaj Finance reported a remarkable 22% rise in consolidated profit for the quarter ending March 2026, reaching Rs 5,553 crore. Despite an initial surge, its stock closed slightly higher amid profit-taking. Total income increased by 21%. The board recommended a final dividend of Rs 6 per share.

Shares of leading NBFC Bajaj Finance closed nearly 1% higher on Thursday, following the company's announcement of a substantial 22% increase in consolidated profit after tax for Q1 2026.

Initially surging 4.89% during the trading day, the stock ended at Rs 936.60 on the BSE, appreciating by 0.72%. Similarly, on the NSE, the stock closed up at Rs 937, after peaking at Rs 975.50.

For Q1 2026, Bajaj Finance's profit soared to Rs 5,553 crore, compared to Rs 4,546 crore in the previous year. Total income rose by 21% to Rs 14,209 crore. The board has approved a final dividend of Rs 6 per share, with assets under management escalating to Rs 5.09 lakh crore.