Noida, Apr 30 (APAC Media): Bajaj Finserv on Thursday reported a 5% rise in consolidated net profit to Rs 2,539 crore for the quarter ended March 31, 2026, compared with Rs 2,417 crore in the year-ago period, according to a regulatory filing.
The company’s consolidated total income increased 6% year-on-year to 38,508 in Q4 FY26, compared with 36,434 in the corresponding quarter of the previous fiscal year (Q4 FY25).
The Board of Directors has recommended a dividend of Rs 1.50 per share, representing 150% of the face value of Rs 1. This includes a special 20% payout to mark the 100-year celebration of the Bajaj Group. The total dividend outgo stands at Rs 240 crore, compared with Rs 160 crore in the previous year.
Bajaj Finserv Asset Management reported quarterly average assets under management (AUM) of Rs 30,627 crore and closing AUM of Rs 26,819 crore as on March 31, 2026.
“Under Ind AS, consolidated total income includes investment income, which for insurance companies comprises certain equity and debt instruments classified as Fair Value Through Profit and Loss (FVTPL),” the company said.
BFS continued to focus on scaling its emerging businesses, which include Bajaj Finserv Health, Bajaj Finserv Direct, and Bajaj Finserv Asset Management. Losses from these businesses stood at Rs 539 crore in FY26, compared with Rs 429 crore in FY25, as envisaged.
“During the quarter, market volatility, including disruptions linked to the Middle East conflict, led to significant mark-to-market (MTM) losses across both debt and equity portfolios, impacting reported revenue growth. Excluding the impact of these MTM losses, revenue growth for Q4 FY26 would have been 14%,” it added.
- Bajaj Finance Ltd (BFL), on a consolidated Ind AS basis, reported a 21% rise in net total income to Rs 14,209 crore in Q4 FY26, compared with Rs 11,755 crore in Q4 FY25. Profit after tax increased 22% to Rs 5,464 crore, up from Rs 4,480 crore in the corresponding period last year.
- Bajaj General Insurance Ltd (formerly Bajaj Allianz General Insurance Co. Ltd), on an Indian GAAP basis, reported a gross written premium of Rs 4,322 crore in Q4 FY26, broadly stable compared with Rs 4,326 crore in Q4 FY25.
- Bajaj Life Insurance Ltd (formerly Bajaj Allianz Life Insurance Co. Ltd.), on an Indian GAAP basis, reported a 26% increase in new business premium to Rs 4,757 crore in Q4 FY26, compared with Rs 3,789 crore in Q4 FY25.
Bajaj Alternate Investment Management Limited, a wholly owned subsidiary of BFS, has been set up with a focus on alternate investments through early-stage equity and real estate-focused AIFs, thereby broadening the group’s presence across asset classes. The company is in the process of obtaining regulatory approvals to commence operations.
Disclaimer: Views expressed are those of experts and do not reflect APAC Media. This is for informational purposes only, not financial advice. We are not responsible for investment decisions. Please consult a qualified financial advisor before investing.
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