Bajaj Finserv Share Price in Focus; Sees 10% Income Growth in Q3 FY25

Bajaj Finserv Limited (BFS) has been in focus on Friday after the announcement of its financial results for Q3 FY25.

On January 31, 2025, Bajaj Finserv share price opened at ₹1,713.60, up from its previous close of ₹1,745.20. At 10:26 AM, the share price of Bajaj Finserv was trading at ₹1,745.95, up by 0.04% on the NSE.

Q3 FY 2025 Financial Highlights

For the third quarter of FY25, the consolidated total income stood at ₹32,042 crore, marking a 10% increase from ₹29,038 crore in Q3 FY24.

Consolidated profit after tax (PAT) for the quarter grew by 3%, reaching ₹2,231 crore compared to ₹2,158 crore in Q3 FY24.

Bajaj Finance saw a 17% rise in its consolidated PAT, amounting to ₹4,246 crore, up from ₹3,639 crore in the same quarter of the previous year. General Insurance experienced a strong 39% growth in PAT, rising to ₹400 crore from ₹287 crore in Q3 FY24.

Meanwhile, Life Insurance showed a slight increase in Net New Business Value (NBV), which grew by 1%, reaching ₹254 crore from ₹251 crore.

9M FY 2025 Financial Highlights

For the nine months of FY25, consolidated total income saw a significant 24% growth, reaching ₹97,226 crore, up from ₹78,341 crore during the same period last year.

Consolidated PAT for the nine months grew by 7%, reaching ₹6,456 crore, compared to ₹6,029 crore in 9M FY24.

Bajaj Finance continued its performance with a 14% increase in PAT, which totalled ₹12,158 crore, up from ₹10,627 crore in 9M FY24. General Insurance reported a substantial 26% increase in PAT, amounting to ₹1,470 crore, compared to ₹1,171 crore in 9M FY24.

Life Insurance also posted a 4% increase in its PAT, rising to ₹603 crore from ₹581 crore in the same period last year.

Other Key Highlights

In the finance and insurance sectors, Bajaj Finance Limited (BFL) achieved its highest-ever quarterly growth in customer acquisition, adding 5.03 million new customers. It also set a record for the highest number of new loans booked, with 12.06 million loans in Q3 FY25. BFL’s consolidated profit after tax (PAT) increased by 17%, while its subsidiary, Bajaj Housing Finance Limited (BHFL), reported a 25% growth in PAT.

Bajaj Allianz General Insurance Company (BAGIC) posted a 39% increase in PAT, maintaining a superior combined ratio compared to industry peers. Bajaj Allianz Life Insurance Company (BALIC) retained its 6th position in individual-rated new business premiums among the top 10 private insurers.

In its emerging business segment, Bajaj Finserv continued to expand its ventures such as Bajaj Finserv Health, Bajaj Finserv Direct, Bajaj Finserv Asset Management, and Bajaj Finserv Ventures. Losses from these businesses for Q3 FY25 were ~₹95 crore, improving from around ₹105 crore in the same quarter last year, aligning with their strategic plan.

Bajaj Finserv Asset Management saw growth in its assets under management (AUM), which reached ₹17,434 crore as of December 31, 2024, compared to ₹16,294 crore as of September 30, 2024.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.