Bajaj Finserv Ltd reported a 3 percent year-on-year (YoY) increase in consolidated net profit to Rs 2,231 crore for the third quarter of FY25, compared to Rs 2,158 crore in the same period last year. The company’s revenue from operations rose 10 percent YoY to Rs 32,042 crore, up from Rs 29,038 crore in Q3FY24.
AUM sees strong growth
The company’s Assets Under Management (AUM) surged 28 percent YoY, reaching Rs 3,98,043 crore as of December 31, 2024, compared to Rs 3,10,968 crore a year ago. Within this, Bajaj Housing Finance contributed Rs 1,08,314 crore, reflecting a 26 percent YoY growth in AUM.
Stock reaction and market performance
Despite the earnings growth, Bajaj Finserv’s stock was trading nearly flat at Rs 1,788.6 per share at 1 PM on January 30. The stock’s intraday high was Rs 1,856, while the low stood at Rs 1,748.50. Market sentiment remained cautious amid broader market fluctuations.
Business outlook and key drivers
Bajaj Finserv’s steady growth in revenue and net profit was supported by its diversified financial services business. The growth in AUM, particularly in the housing finance segment, underscores strong credit demand. Analysts remain optimistic about the company’s long-term growth prospects, citing its well-diversified business model and strong financial performance.
What’s next for investors?
Experts suggest closely monitoring the stock’s movement as market conditions and broader financial sector trends evolve. While the earnings growth remains steady, the stock’s near-term performance will depend on market sentiment and interest rate trends. Investors with a long-term horizon may find the company’s consistent earnings growth and expanding AUM a positive indicator for sustained value creation.
With a solid Q3 performance, Bajaj Finserv remains well-positioned for continued growth in the financial services space, backed by its diversified portfolio and strong fundamentals.
