bajaj finance Q3 Results
Bajaj Finance shares fall 6% despite Q1 profit growth. Should you buy, sell or hold?
Bajaj Finance share price: Although Jefferies maintains a bullish stance, several global brokerages — including JPMorgan, UBS, Macquarie, and Bernstein — have downgraded or reaffirmed negative outlooks, citing concerns over stress in the MSME and two-wheeler loan segments.
Bajaj Finance Q1 Results Live Updates: Net profit at Rs 4,700 crore vs Rs 3,912 crore, up 20% YoY
Bajaj Finance Q1 Results Bajaj Finance on Thursday posted a 22% year-on-year increase in its consolidated net profit for the first quarter, reaching ₹4,765 crore. During the same period, net interest income also rose by 22% YoY to ₹10,227 crore. Adani Energy Q1 Results Adani Energy Solutions on Thursday posted a consolidated net profit of ₹512 crore for the quarter ended June, marking a sharp turnaround from a loss of ₹824 crore in the same period last year. The profit after tax (PAT) is attributable to the company’s shareholders. Nestle Q1 Results Maggi-maker Nestlé India announced its Q1 FY26 results on Thursday, reporting a 13.4% year-on-year drop in profit after tax (PAT) to ₹646.58 crore, compared to ₹747 crore in the same quarter last year. ACC Q1 Results ACC, the cement arm of the Adani Group, reported a 4% year-on-year increase in its consolidated net profit for Q1 at ₹375 crore, compared to ₹360 crore in the same period last year. Revenue from operations rose 18% to ₹6,015 crore, up from ₹5,113 crore in the corresponding quarter of FY25. Canara Bank Q1 Results Canara Bank on Thursday reported a 21.7% year-on-year increase in its standalone profit after tax (PAT) for Q1 FY26, reaching ₹4,752 crore. However, its net interest income (NII) saw a slight decline of 1.7% compared to the same period last year.
Bajaj Finance, Nifty's 2025 topper, faces Rs 38,000 crore reality check. What should investors do?
Bajaj Finance shares: The selloff occurred even though Bajaj Finance reported a solid 22% year-on-year rise in standalone profit after tax to ₹4,133 crore in Q1FY26, driven by a strong 24% YoY growth in AUM and the addition of 4.7 million new customers, along with 13.5 million new loans disbursed.
Bajaj Finance Q3 Results: Cons PAT grows 17% YoY to Rs 4,247 crore, beats estimates
Bajaj Finance Q3 Results: Bajaj Finance on Wednesday reported a 17% year-on-year growth in its December quarter consolidated net profit at Rs 4,247 crore versus Rs 3,639 crore posted in the year ago period. It is higher than ET Now poll of Rs 4,227 crore.
Bajaj Finance Q3 profit jumps 40% YoY to Rs 2,973 crore
The consolidated results include the earnings of its wholly owned subsidiaries -- Bajaj Housing Finance, Bajaj Financial Securities, and its associate company Snapwork Technologies.The asset quality of the non-banking finance company improved with gross non-performing assets falling to 1.14% at the end of December against 1.73% a year back. Net NPA was at 0.41% against 0.78%.
Bajaj Finance Q3 results today: Here’s all Dalal Street needs to know before announcement
Bajaj Finance is set to release its quarterly earnings, with analysts expecting strong double-digit growth in earnings driven by healthy loan growth, higher margins, and moderate costs. The company's provisional updates showed a strong growth in assets under management (AUM) and new loan disbursements.
Bajaj Finance Q3 results: Net profit jumps 84% to Rs 1934 cr; asset quality improves
Bajaj Finance said its interest income rose 27.38 per cent year-on-year (YoY) to Rs 6335 crore from Rs 4973 crore in the same quarter a year ago.
Bajaj Finance Q3 Results: Net profit rises 22% YoY to Rs 3,639 crore, but misses estimates
Bajaj Finance Q3 Results: Net interest income for the reporting period increased 29% to Rs 7,655 crore from Rs 5,922 crore in the same period of last year. The net total income jumped 25% year-on-year to Rs 9,298 crore in the October-December period, compared with Rs 7,438 crore in the corresponding period of last year.
Bajaj Finance Q3 Preview: PAT may rise 26% YoY led by robust loan growth, firm margins
Bajaj Finance is seen reporting a 26.3% YoY growth in net profit for the quarter to Rs 3,756 crore, the average of estimates given by eight brokerage firms showed. Kotak Institutional Equities expects the cost-to-average AUM ratio to remain moderate at 4.3% in Q3 FY24 versus 4.3% in Q2 and 4.6% in Q3 a year ago. We pen down credit costs of 1.5% for Q3, similar to the past three quarters.
Bajaj Finance Q3 Results: Profit rises 40% YoY to Rs 2,973 crore, beats estimates
New loans booked during the quarter were the highest ever at 7.84 million, the company said. The total assets under management (AUM) as of December 31 stood at Rs 2.31 lakh crore, 27% higher than the year-ago period.
Bajaj Finance Q3 profit jumps 54% YoY to Rs 1,060 crore on 48% rise in revenue
The company had reported Rs 690 crore profit in the year-ago period.
Bajaj Finance Q3 net profit rises 22% on strong loan growth
Assets under management (AUM) grew 35% to ₹3.10 lakh crore during the quarter from ₹2.30 lakh crore a year ago led by a strong growth in two- and three-wheeler finance, urban loans and SME lending.
Bajaj Finance Q3 results: Profit falls on slow loan growth, high provisions
Profit shrank to Rs 1,146 crore from Rs 1,614 crore a year ago. New loans booked during the quarter at 6.04 million were lower than the 7.67 million a year ago.
Bajaj Finance Q4 results today: Stock drops 3% ahead of announcement
Net profit for the forth quarter is likely to rise to 22% year-on-year (YoY), while net interest income (NII) for the same period is seen growing up to 30% year-on-year.
Q3 results today: ITC, Bajaj Finance among 88 companies to announce earnings on Monday
ITC Ltd is expected to announce its December quarter results on Monday. The company is likely to report a steady volume growth in both cigarettes and non-cigarette FMCG business, as well as strong traction in the hotel segment. However, the agri and paper and paperboards businesses may have been sluggish, restraining overall revenue growth. Analysts estimate a nearly 5% YoY growth in revenue to Rs 17,016 crore, a 2.5% YoY increase in EBITDA to Rs 6,378 crore, and a 2% growth in profit to Rs 5,137 crore.
Q3 results this week: ITC, Adani Ports, Bajaj Finance, IndiGo, SBI, Tata Motors and others
ITC, Bajaj Finance, NTPC, Adani Green Energy, Bharat Electronics, Punjab National Bank, GAIL, Bharat Petroleum, Corporation, Vodafone Idea, Marico, Petronet LNG, Nippon Life India Asset Management, Tata Investment Corporation, Piramal Enterprises, R R Kabel, Aditya Birla Sun Life AMC, Maharashtra Seamless, Nuvoco Vistas Corporation, Godfrey Phillips India, among others will report their December quarter numbers on Jan 29
Management commentary, not numbers, important for Bajaj twins: Devang Mehta, Centrum Wealth
If there is evidence of the economy improving, then Bajaj Finance probably would be improving a little more faster and management will sound a little bit more confident, says Devang Mehta, Head, EquityAdvisory, Centrum Wealth Management.
Bajaj Finance Q3 Results Preview: Analysts expect strong profit growth, stable asset quality
“NII is expected to grow 33 per cent YoY to Rs 5,700 crore. NIMs are expected to rise with both consumer and mortgage book seen witnessing strong growth,” said analysts at ICICIdirect.
Bajaj Finance Q3 results preview: Profit may rise 50-60%; watch out for commentary on Karvy issue
Sharekhan expects NII to rise 34.5 per cent to Rs 4,303 crore from Rs 3,199 crore YoY.
Bajaj Finance Q3 results: Net profit falls 29% to Rs 1,146 cr; provisions, bad loans rise
Net Interest Income (NII) for the quarter was Rs 4,296 crore as against Rs 4,535 crore in the year ago quarter, registering a drop of 5.27 per cent.
Bajaj Finance Q1 results: Net profit falls 3% YoY to Rs 843 cr, NII rises 6%
The non-bank lender reported a 6 per cent rise in its net interest income for the reported quarter despite operations being marginally affected by the second wave of the Covid-19 pandemic.
Bajaj Finance Q1 Results: Profit rises 14% YoY to Rs 3,912 crore; NII jumps 25%
Bajaj Finance Q1 Results: Bajaj Finance Ltd reported a 14% YoY rise in consolidated net profit to Rs 3,912 crore for Q1 FY2024, slightly below the estimated Rs 3,947 crore. Net interest income surged 25% YoY to Rs 8,365 crore, and pre-provisioning operating profit jumped 25% YoY to Rs 6,947 crore.
Bajaj Finance Q2 Results: Cons profit jumps 28% YoY to Rs 3,551 crore, meets estimates
Bajaj Finance's net interest income for the quarter increased by 26% on year to Rs 8,845 crore and was way above an ETNow poll of Rs 7,130 crore. The assets under management (AUM) grew by 33% to Rs 2.90 lakh crore as of September 30. Operating expenses to net interest income for the quarter was 34.0% against 35.9% a year ago.
Bajaj Finance shares plunge 5% on Q3 asset quality woes. Should you buy?
Shares of Bajaj Finance dropped nearly 5% on the NSE after reporting higher loan losses and provisions for the quarter. Macquarie reiterated 'Neutral' stance, while Jefferies and PhillipCapital gave 'Buy' ratings. Bajaj Finance's Q3 consolidated net profit grew 22% YoY to Rs 3,639 crore, slightly below expectations. Macquarie expects credit costs to increase as delinquencies normalize. Jefferies maintains 'Buy' rating with a target of Rs 9,400, citing strong AUM growth and better NIMs.
Bajaj Finance Q4 Results: PAT jumps 21% YoY to Rs 3,824 crore; dividend declared at Rs 36
The NBFC had reported PAT at Rs 3,157.79 crore in the year-ago period. Revenue from operations for the quarter stood at Rs 14,926 crore, up 31% YoY. The interest income in the January-March period stood at Rs 13,230.08 crore versus Rs 9,845.98 crore reported in the year-ago period. It was a 34% YoY jump.
Bajaj Finance shares climb over 4% post Q3 results. What should investors do?
The company reported a stronger core topline and efficiencies drove earnings. The company raised earnings estimates by 5-6% and see 26% CAGR profit over FY23-25. The growth trajectory remains strong, said Jefferies.
Bajaj Finance Q1 Results: PAT jumps 32% YoY to Rs 3,437 crore, beats estimates; NII rises 26%
Total revenue from operations grows nearly 35% on year to Rs 12,498 crore. The number of new loans booked during the quarter grew by a sharp 34% on year to 9.94 million, and were the highest ever in a quarter.
Bajaj Finance Q4 Results: PAT jumps 30% YoY to Rs 3,158 crore; dividend declared at Rs 30/share
The board has recommended a dividend of Rs 30 per share for the financial year ending March. The net interest income (NII) for the reporting period surged 28% to Rs 7,771 crore from Rs 6,061 crore in the year-ago period.
ITI shares rally over 19% to hit all-time high of Rs 545.55
ITI shares surged 19.3% on Monday, reaching Rs 545.55, driven by strong financial results, investor confidence, and government infrastructure projects. Despite a 52-week low in October, the company has seen impressive growth, with a 348% return in the past year. ITI reported a 312.3% YoY revenue increase and is involved in major telecom projects like BharatNet.
Q1 results today: HUL, Bajaj Finance among 34 companies to announce earnings on Tuesday
Q1 Results Today: HUL, Bajaj Finance, ICICI Sec, and ICICI Pru Life will release Q1 results. HUL's profit is estimated at Rs 2,479-2,562 crore, revenue Rs 14,925-15,451 crore. Bajaj Finance expects 26% net interest growth, 30% AUM rise. EBITDA to grow 0.4% YoY. Parag Milk Foods, Gard Furnace, Thyrocare Technologies to report, Bajaj Finance's March profit was Rs 3,824 crore.
What foreign brokerages said on Bajaj Finance & 7 other stocks
CLSA has initiated coverage on L&T Technology Services with an 'outperform' rating while it maintained a 'buy' rating on ICICI Prudential Life. Credit Suisse stayed 'neutral' on Bajaj Finance following its Q3 numbers.
Bajaj Finance Q4 Preview: Healthy profit, NII growth seen, but margins may contract
New loans booked during the fourth quarter rose by 4% to 7.87 mm as compared to 7.56 mm, according to a recent update by the company The new loans booked during the quarter were lower on account of the restrictions placed by the RBI on the company, on sanction and disbursal of loans under ‘eCOM’ and ‘Insta EMI Card’.
Bajaj Housing Finance shares rise 4% after Q2 PAT jumps 21% YoY
Bajaj Housing Finance's net profit for Q2 FY25 rose by 21% to Rs 546 crore, with revenue from operations up by 26% to Rs 2,410 crore. Assets under management grew by 26%, while loan losses and provisions declined significantly. However, return on average equity decreased to 13%.
Q2 results today: Bajaj Finance, Paytm, Zomato among 70 companies to announce earnings on Tuesday
The earnings season sees 70 companies, including notable players like Bajaj Finance, Adani Green, Zomato, and Paytm, reporting their Q2 results for July-September 2024. Key expectations include significant revenue and profit jumps for Zomato and Bajaj Finance, while Paytm may face widened losses despite higher revenue growth.
Stocks to buy today: Nomura sees 16% upside in Bajaj Finance post Q3; Morgan Stanley maintain buy on Ambuja Cements
Brokerage firms remain bullish on Bajaj Finance, CarTrade, and Ambuja Cements, citing strong growth prospects and financial performance. Nomura raises target prices for Bajaj Finance and CarTrade, while Morgan Stanley maintains its "Buy" rating on Ambuja Cements. These stocks are expected to benefit from robust market dynamics and solid growth in the coming year.
Zomato shares in focus ahead of Q2FY25 earnings. Here's what to expect
Zomato Share Price: Zomato shares are set to gain attention as the company announces its Q2FY25 earnings today. Expected net profit could jump between 585% and 662% YoY, with revenue growth between 61% and 80%. While Nuvama and ICICI Securities have varying projections, both predict significant revenue boosts driven by strong volume growth in food delivery and associated businesses.
Bajaj Finance Q2 earnings meet Street estimates. Should you buy this stock?
Bajaj Finance shares declined even as the NBFC firm posted a strong performance in the September quarter. While Jefferies and CLSA reiterated their buy views on Bajaj Finance, domestic brokerage Motilal Oswal remains the most bullish in terms of targets among others. However, the chinks in its armour remain on the margins front, according to analysts.
Investors make Rs 2.1 lakh crore as Sensex extends rally to third day on earnings boost
A buying spree by domestic institutional investors and retail investors is also negating the impact of foreign fund outflows, say analysts.
Value will continue to outperform growth for next 6 months: Sridhar Sivaram
I don't see a long-drawn patch. I think it is more tactical right now because large markets are moving very fast and India was a consensus overweight. In fact, it wasn't a consensus overweight till about third quarter of last year because we were seeing continuous FII outflows.
