Bajaj Housing Finance Ltd. for the fourth quarter reported 54% growth in profit after tax (PAT) at ₹587 crore compared with ₹381 crore in the year-ago period.
Net interest income increased by 31% to ₹823 crore from ₹629 crore a year-earlier.
Gross NPA and net NPA as of March 31, 2025 stood at 0.29% and 0.11 % respectively, as against 0.27% and 0.10% as of March 31, 2024. Provisioning coverage ratio on stage 3 assets was at 60%. Assets under management grew by 26% to ₹1, 14,684 crore as of March 31, 2025 from ₹91 ,370 crore a year earlier. Loan losses and provisions for the quarter was ₹30 crore as against ₹35 crore a year ago. For FY25, the company’s net profit grew 25% to ₹2,163 crore from ₹1,731 crore a year earlier.
Net interest income increased by 20% in FY25 to ₹3,007 crore from ₹2,510 crore in FY24. Loan losses and provisions in FY25 was ₹80 crore as against ₹61 crore in the previous year.
Published – April 23, 2025 10:19 pm IST
