Bajaj Finance Q3 Results: Shares Jump 2% as New Loans Soar 22% YoY, AUM Sees 28% Growth-finance

Bajaj Finance Q3 Results: Shares Jump 2% as New Loans Soar 22% YoY, AUM Sees 28% Growth

2025-01-06

finance

Bajaj Finance has reported a significant surge in its Q3 results, with new loans jumping 22% year-over-year (YoY) and assets under management (AUM) growing 28% YoY. The company witnessed a substantial increase in AUM, with a growth of ₹24,100 crore in the October-December quarter, indicating robust demand across various lending segments. The number of new loans booked during Q3 FY25 also reached a record high of 12 million, demonstrating the company's strong performance in the quarter. This impressive growth can be attributed to the increasing demand for loans and the company's strategic expansion into new markets. With its strong Q3 results, Bajaj Finance is well-positioned for future growth, driven by its diversified lending portfolio and focus on digital transformation. Key trends such as digital lending and financial inclusion are expected to drive the company's growth in the coming quarters. As the Indian economy continues to recover, Bajaj Finance is poised to benefit from the increasing demand for credit and financial services. ...Read more

Recommendations