Bajaj Finance Q4 Net Profit Rises 22% To Rs 5465 Crore,Rajiv Bajaj Step Down From Board.

NBFC Bajaj Finance on April 29 reported 22% rise in net profit at Rs 5,465 crore for the quarter ended March 31, 2026, helped by lower bad loan provisions. The firm declared net profit of Rs 4,480 crore in the year-ago period. The Q4FY26 net profit was largely in line with analysts’ estimate of Rs 5,490 crore, per data compiled by LSEG. The Bajaj Group firm declared dividend of Rs 6 per share and record date for the dividend shall be June 30, 2026.

The firm’s consolidated revenue rose 18% to Rs 21,606 crore in Q4FY26 as compared to Rs 18,294 crore in the year-ago period.Bajaj Finance on April 29 announced that Rajiv Bajaj will step down from the company’s Board.

Rajiv Bajaj has expressed his willingness to step down from the Company. He has informed that he will not be offering himself for re-election at the ensuing annual general meeting. Accordingly, he will cease to be Non-Executive Director of the Company at the ensuing annual general meeting scheduled to be held on Thursday, 30 July 2026 (close of business hours).

The Board of Directors, at its Meeting held today, took note of the above and placed on record its sincere appreciation for Rajiv Bajaj’s valuable service and contribution during his long association with the Company,” the company said in a stock exchange filing.The firm’s assets under management (AUM) grew by 21% to Rs 3,72,986 crore as of March 31, 2026 from Rs 3,08,832 crore as of March 31, 2025.Net interest income increased by 20% in Q4FY26 to Rs 10,716 crore from Rs 8,911 crore in Q4FY25.Gross NPA and Net NPA as of March 31, 2026 stood at 0.27% and 0.11% respectively as against 0.29% and 0.11% as of March 31, 2025.On April 29, Bajaj Finance shares closed 1% higher at Rs 932.8 apiece.

The company has been grappling with elevated bad loans, particularly in its micro, small and medium enterprises (MSME) segment, saw its provisions drop.Bajaj Finance’s loan losses and provisions fell to Rs 2,008 crore compared to Rs 2,167 crore a year earlier.