Bajaj Finance Q3 FY26: Profit Dips, But Strong NII & AUM Boost Investor Confidence

• Bajaj Finance reported a consolidated profit decline to 3,978 crore rupees in Q3 FY26, falling short of market expectations of 5,201 crore rupees.
• Despite the profit dip, Net Interest Income (NII) showed robust growth, increasing to 11,317 crore rupees, surpassing market estimates.
• The company attributed approximately 250 crore rupees of the profit pressure to the impact of the labor code.
• Asset quality saw a mixed trend with Gross NPA rising to 1.21 percent, but Net NPA improved slightly to 0.47 percent.
• Assets Under Management (AUM) grew strongly by 22 percent year-on-year to 4.86 lakh crore rupees, indicating robust business growth.

Why It Matters: Bajaj Finance's Q3 FY26 results were mixed, with profit decline offset by strong NII, AUM growth, and controlled Net NPA.