Latest news with #BajajHousingFinance
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Business Standard
7 hours ago
- Business
- Business Standard
How to trade Dr Reddys, Tata Consumer, Bajaj Housing post Q1 results?
Technical charts hint at a likely positive bias for Dr Reddy's stock, while a negative outlook for Tata Consumer. Bajaj Housing Finance is likely to remain range-bound. Rex Cano Mumbai Listen to This Article Shares of Dr Reddy's Labs, Tata Consumer Products and Bajaj Housing were trading on a mixed note post Q1 results on Thursday. and Tata Consumer Products rallied 3 per cent and 4 per cent, respectively, while Bajaj Housing Finance stock slipped 1 per cent. So far in the calendar year 2025, Tata Consumer Products stock has zoomed over 18 per cent; whereas, Dr Reddy's and Bajaj Housing Finance shares prices have declined around 7.4 per cent and 5 per cent, respectively. In comparison, the NSE Nifty 50 index and the BSE Sensex have gained 6.4 per cent and
Economic Times
10 hours ago
- Business
- Economic Times
Bajaj Housing Finance shares in focus after Q1 net profit rises 21% YoY to Rs 583 crore, revenue up 18%
Bajaj Housing Finance shares will be in focus on Thursday after the company reported a 21% year-on-year (YoY) jump in net profit for the June quarter at Rs 583 crore, compared to Rs 483 crore in the corresponding period last year. ADVERTISEMENT The company's total revenue from operations stood at Rs 2,616 crore, rising 18% from Rs 2,209 crore in the corresponding quarter of the previous financial year. The company's profit after tax (PAT) was marginally lower at 0.6% on a sequential basis versus Rs 587 crore reported in Q4FY25. Meanwhile, the topline grew 4% over the previous quarter in which the company had reported a revenue of Rs 2,508 Bajaj Finance subsidiary's revenue from interest income stood at Rs 2,493 crore in the quarter under review, rising from Rs 2,374 crore in Q4FY25 and Rs 2,064 crore in Q1FY25. The other major revenue contributor was 'Fees and commission income' at Rs 59 crore, higher from Rs 52 crore in Q4FY24 and Rs 57 crore in the year-ago company incurred expenses of Rs 1,862 crore in the April-June quarter of FY26 versus Rs 1,788 crore in Q4FY25 and Rs 1,579 crore in Q1FY25. The expenses rose 4% on a quarter-on-quarter basis while rising by 18 YoY. The expenses were made on finance costs, employee benefits, and fees & commission, among other things. ADVERTISEMENT - Assets Under Management (AUM): Up 24% YoY to Rs 1,20,420 crore as of 30 June 2025 (vs. Rs 97,071 crore last year) ADVERTISEMENT - Net Interest Income (NII): Up 33% YoY to Rs 887 crore (from Rs 665 crore) - Net Total Income: Up 25% YoY to Rs 1,012 crore (from Rs 810 crore) - Loan Losses & Provisions: Rs 41 crore in Q1FY26, vs. Rs 10 crore in Q1FY25 ADVERTISEMENT - Gross/Net NPA: 0.30% and 0.13% respectively, vs. 0.28% and 0.11% last year - Provision Coverage Ratio on Stage 3 Assets: 56% ADVERTISEMENT - Capital Adequacy Ratio (including Tier-II): 26.94% as of 30 June 2025 (Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of the Economic Times) (You can now subscribe to our ETMarkets WhatsApp channel)
Time of India
11 hours ago
- Business
- Time of India
Bajaj Housing Finance shares in focus after Q1 net profit rises 21% YoY to Rs 583 crore, revenue up 18%
Bajaj Housing Finance shares will be in focus on Thursday after the company reported a 21% year-on-year (YoY) jump in net profit for the June quarter at Rs 583 crore, compared to Rs 483 crore in the corresponding period last year. The company's total revenue from operations stood at Rs 2,616 crore, rising 18% from Rs 2,209 crore in the corresponding quarter of the previous financial year. Explore courses from Top Institutes in Please select course: Select a Course Category Operations Management Project Management CXO Digital Marketing Healthcare MBA Data Science Others Artificial Intelligence PGDM Product Management Data Science Cybersecurity Design Thinking MCA Management healthcare Degree Leadership others Finance Public Policy Data Analytics Technology Skills you'll gain: Quality Management & Lean Six Sigma Analytical Tools Supply Chain Management & Strategies Service Operations Management Duration: 10 Months IIM Lucknow IIML Executive Programme in Strategic Operations Management & Supply Chain Analytics Starts on Jan 27, 2024 Get Details The company's profit after tax (PAT) was marginally lower at 0.6% on a sequential basis versus Rs 587 crore reported in Q4FY25. Meanwhile, the topline grew 4% over the previous quarter in which the company had reported a revenue of Rs 2,508 crore. The Bajaj Finance subsidiary's revenue from interest income stood at Rs 2,493 crore in the quarter under review, rising from Rs 2,374 crore in Q4FY25 and Rs 2,064 crore in Q1FY25. The other major revenue contributor was 'Fees and commission income' at Rs 59 crore, higher from Rs 52 crore in Q4FY24 and Rs 57 crore in the year-ago period. The company incurred expenses of Rs 1,862 crore in the April-June quarter of FY26 versus Rs 1,788 crore in Q4FY25 and Rs 1,579 crore in Q1FY25. The expenses rose 4% on a quarter-on-quarter basis while rising by 18 YoY. The expenses were made on finance costs, employee benefits, and fees & commission, among other things. Key Highlights - Assets Under Management (AUM): Up 24% YoY to Rs 1,20,420 crore as of 30 June 2025 (vs. Rs 97,071 crore last year) - Net Interest Income (NII): Up 33% YoY to Rs 887 crore (from Rs 665 crore) - Net Total Income: Up 25% YoY to Rs 1,012 crore (from Rs 810 crore) - Loan Losses & Provisions: Rs 41 crore in Q1FY26, vs. Rs 10 crore in Q1FY25 - Gross/Net NPA: 0.30% and 0.13% respectively, vs. 0.28% and 0.11% last year - Provision Coverage Ratio on Stage 3 Assets: 56% - Capital Adequacy Ratio (including Tier-II): 26.94% as of 30 June 2025 ( Disclaimer : Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of the Economic Times)
Time of India
19 hours ago
- Business
- Time of India
Bajaj Housing Finance's net profit up 20.86% in Q1 FY26
NEW DELHI: Bajaj Housing Finance has reported a growth of 20.86 per cent in its net consolidated profit in the first quarter of the financial year 2025-26. The company's profit after tax stood at ₹583.30 crore in Q1 FY26 as against ₹482.61 crore it registered in the corresponding quarter of the previous fiscal, the company said in a BSE filing. The company's net consolidated total income stood at ₹2,618.45 crore in Q1 FY26, a growth of 18.55 per cent from ₹2,208.73 crore it recorded in the similar quarter last year. As of June 30, 2025, the company's net worth stood at ₹20,508.37 crore, debt-equity ratio was 4.31, total debts to total assets was 0.81, gross non-performing assets (NPA) was 0.30%, net NPA was 0.13%, capital to risk-weighted assets ratio was 26.94% and liquidity coverage ratio was 210.57%. The company's assets under management (AUM) grew by 24 per cent to ₹1.20,420 crore as of 30 June 2025 from ₹97,071 crore as of 30 June 2024. Loan losses and provisions for Q1 FY26 was ₹41 crore as against ₹10 crore in Q1 FY25. Provisioning coverage ratio on stage 3 assets at 56%.
Time of India
a day ago
- Business
- Time of India
Bajaj Housing Finance Q1 profit rises 21% to Rs 583 crore, AUM up 24%
Bajaj Housing Finance reported a 21% rise in net profit for the first quarter of the fiscal at Rs 583 crore as compared with Rs 483 crore in the year-ago period. Pre-provisioning operating profit stood 25% higher at Rs 798 crore against Rs 640 crore. Net total income also grew 25% at Rs 1012 crore. Explore courses from Top Institutes in Please select course: Select a Course Category healthcare Product Management Data Science others Operations Management CXO PGDM Data Science Cybersecurity Project Management Degree Design Thinking Data Analytics Healthcare Technology MCA Leadership Management MBA Artificial Intelligence Others Public Policy Digital Marketing Finance Skills you'll gain: Duration: 11 Months IIM Lucknow CERT-IIML Healthcare Management India Starts on undefined Get Details by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Outdoor Clothing | Designed to Perform. Built to Endure. Trek Kit India Shop Now Undo Its net interest margin remained steady at 4% for the last three quarters. It is expecting a moderation in the ratio as its operating expenses are likely to rise on account of its investment in SBU and non-metro markets. The non-deposit taking mortgage lender is targeting a 21-23% growth in assets under management amid a "heightened competitive pricing on acquisition of new loans, increased portfolio attrition coupled with moderation in real estate demand," it said. The lender's AUM grew 24% year-on-year to Rs 1.20 lakh crore. Asset quality remained healthy with gross non-performing assets ratio being at 0.30%.
