Bajaj Housing Finance Ltd., a key subsidiary of Bajaj Finance Ltd., has had an impressive financial performance in the final quarter of the fiscal year 2024-25. The company announced its Q4 results on Wednesday, April 23, 2025, showing significant growth in several financial areas.
Strong Profit Growth
Bajaj Housing Finance reported a remarkable 53% increase in net profit for the January-March 2025 quarter. The company’s net profit reached ₹586.68 crore, up from ₹381.34 crore during the same period last year. This growth was driven by a solid 24.4% increase in Net Interest Income (NII), which indicates higher earnings from the company’s lending activities.
Full-Year Performance
Looking at the full financial year 2024-25, Bajaj Housing Finance saw a 25% rise in profit after tax (PAT), reaching ₹2,770 crore, compared to ₹2,212 crore in FY24. The NII for FY25 also rose by 20%, reaching ₹3,007 crore, up from ₹2,510 crore the previous year. This indicates that the company has been successful in increasing its core income from lending operations.
Revenue and Expenses
In the fourth quarter, the company’s total revenue from operations grew by 26% to ₹2,508 crore. The net total income for Q4 increased by 34%, reaching ₹958 crore. Bajaj Housing Finance managed to control its operating expenses, which fell to 21.7% of net total income in Q4, down from 27% in the same quarter last year. This means the company was able to improve efficiency while growing its revenue.
Profit before tax for Q4 also saw a strong rise, increasing by 48% to ₹720 crore, up from ₹488 crore in the same quarter of the previous year. This significant growth highlights the company’s ability to drive profitability.
Asset Growth and Loan Quality
Bajaj Housing Finance’s total Assets Under Management (AUM) grew by 26% year-on-year, reaching ₹1,14,684 crore as of March 31, 2025, compared to ₹91,370 crore a year ago. Despite this growth in its loan portfolio, the company maintained stable asset quality. As of March 31, 2025, its Gross Non-Performing Assets (NPA) stood at 0.29%, and its Net NPA was 0.11%. These figures show that the company is managing its loan quality well, with minimal defaults.
In Q4 FY25, loan losses and provisions were ₹30 crore, which is lower than ₹35 crore in the same quarter last year. However, for the full year FY25, loan losses increased to ₹80 crore, reflecting a slight rise in provisions due to the growth in loans.
Capital Adequacy and Stock Performance
The company’s capital adequacy ratio, which measures its financial strength, stood at 28.24% as of March 2025. This indicates that Bajaj Housing Finance is well-capitalized and able to absorb any financial shocks.
In the stock market, Bajaj Housing Finance shares closed slightly higher, finishing at ₹131.92, up by 0.58% from the previous closing price of ₹131.16. This modest increase in share price reflects investor confidence in the company’s strong performance.
