Bajaj Finserv Q1 Results: Net profit rises 12% to Rs.3,132 crore; board approves entering reinsurance business
New Delhi, July 31 -- 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 Rs.3,132 crore for the April-June quarter (Q1 FY27), compared with Rs.2,789 crore in the corresponding period last year.
The company's revenue from operations rose 19% YoY to Rs.42,037 crore, while interest income increased more than 18% YoY to Rs.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 o...
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