Bajaj Finserv Reports Strong Revenue Growth, But Rising Costs Cap Profits in Q3 FY26

• Bajaj Finserv's revenue surged by 24% year-on-year to ₹39,708 crore in Q3 FY26, driven by strong demand in lending and insurance.
• Despite robust revenue, consolidated net profit grew sluggishly to ₹2,124 crore due to increased funding costs, higher credit provisions, and operating expenses.
• Bajaj Finance, a key subsidiary, showed strong operational performance with Assets Under Management (AUM) exceeding ₹4.2 lakh crore.
• Rising interest rates led to pressure on Net Interest Margin in the lending business and affected profit growth.
• The insurance segment (Bajaj Allianz General and Life Insurance) saw premium growth, but higher claim ratios and investment income fluctuations limited overall profit.