Bajaj Finance shares hit 52-week high post Q1FY27 earnings; soar 7 per cent

Bajaj Finance. Picture sourced from X.

Shares of NBFC Bajaj Finance on Friday jumped 7 per cent after the firm reported a 28 per cent year-on-year rise in consolidated profit after tax (PAT) for the June quarter of FY27.

The stock surged 6.81 per cent to Rs 1,128 -- the 52-week high -- on the BSE.

At the NSE, the stock climbed 7 per cent to reach the 52-week high of Rs 1,128.10.

Bajaj Finance on Thursday reported a 28 per cent year-on-year rise in consolidated profit after tax (PAT) to Rs 6,081 crore for the June quarter of FY27, driven by growth in core income and improvement in asset quality.

The company posted a PAT of Rs 4,765 crore in the corresponding quarter of the previous financial year.

Net interest income grew 23 per cent to Rs 12,571 crore during the April-June period of FY27 as against Rs 10,228 crore year-earlier, Bajaj Finance said in a stock exchange filing.

The NBFC's net total income climbed 22 per cent to Rs 15,224 crore during the quarter under review as against Rs 12,460 crore in the year-ago period.

The bank's asset quality strengthened, with gross non-performing assets improving to 0.96 per cent as of June 30, 2026 from 1.03 per cent a year earlier, while net non-performing assets dropped to 0.39 per cent from 0.50 per cent over the same period.

This story has been sourced from a third party syndicated feed, agencies. Mid-day accepts no responsibility or liability for its dependability, trustworthiness, reliability and data of the text. Mid-day management/mid-day.com reserves the sole right to alter, delete or remove (without notice) the content in its absolute discretion for any reason whatsoever.