Bajaj Finserv Releases Q1 Results: Consolidated Income Climbs 19% as Subsidiaries Show Varied Growth

Bajaj Finserv Releases Q1 Results: Consolidated Income Climbs 19% as Subsidiaries Show Varied Growth​

Bajaj Finserv Limited reported its unaudited consolidated financial results and approved significant corporate actions, including issuing equity shares to its ESOP Trust and greenlighting expansion into re-insurance business. The company saw a rise in total consolidated income during the quarter ended June 30, 2026.

The Board of Directors held a meeting on July 31, 2026, to review and approve the results. Apart from financial performance, the Board also approved the issue of equity shares totaling 15,11,358 equity shares of face value Re.1 to Bajaj Finserv ESOP Trust at applicable grant prices in accordance with the Employee Stock Option Scheme. Additionally, the Board granted approval for pursuing re-insurance business through a subsidiary, subject to approval by the Insurance Regulatory and Development Authority of India (IRDAI) and other authorities.

Financial Performance Highlights​

Bajaj Finserv’s consolidated financial performance demonstrated growth across key areas. The company reported total income of 42,036.90 crore for the quarter ended June 30, 2026, up from 35,300.02 crore in the previous corresponding quarter, marking a 19% increase. Consolidated profit after tax stood at 6,296.67 crore, which was up from 5,329.17 crore in Q1 of FY26.

The results were reviewed by the Audit Committee and approved by the Board of Directors.

Key financial metrics for Bajaj Finserv Limited as of the quarter are summarized below:

Subsidiary Performance Analysis​

Performance across material subsidiaries showed distinct trends:

Bajaj Finance Limited (BFL):
The financing business saw a significant increase in profitability. BFL’s consolidated profit after tax increased by 28%, reaching 6,081 crore, up from 4,765 crore in FY26. The company's Assets Under Management (AUM) as of June 30, 2026, stood at 546,944 crore, an increase from 441.450 crore reported on June 30, 2025. Gross Non-Performing Assets (NPA) were 0.96%, while the Capital Adequacy Ratio (CRAR), including Tier-II capital, was 20.90%.

Bajaj General Insurance Limited:
For the general insurance segment, gross written premium increased by 11% to 5,789 crore in FY27, compared to 5,202 crore in FY26. The Profit After Tax for the company stood at 478 crore in Q1FY27, against 660 crore in FY26. The Combined Ratio was reported at 104.7% for the quarter.

Bajaj Life Insurance Limited:
The life insurance segment registered a substantial growth in its key profitability metric. Gross written premium increased by 35% to 7,399 crore, up from 5,478 crore in FY26. Net Value of New Business (VNB) for Q1FY27 was 271 crore, marking an 87% increase over the previous year’s figure of 145 crore. As of June 30, 2026, the solvency ratio stood at 285%.

Segment Revenue and Financial Health​

The operational details showed strong performance in several segments. Gross written premium across Life insurance (7,398.84 crore) and General insurance (5,789.20 crore) totaled 13,188.04 crore for the quarter ended June 30, 2026.

The following data provides a snapshot of segment-wise revenue and financial standing:

Emerging Business Focus​

Bajaj Finserv continues to focus on the expansion of emerging businesses, including Bajaj Finserv Health and Bajaj Finserv Direct. Bajaj Asset Management Limited (AAML) recorded a quarterly average Assets Under Management (AUM) of 33,027 crore and closing AUM of 31.444 crore as of June 30, 2026.

Bajaj Alternate Investment Management Limited, a wholly owned subsidiary, has secured regulatory approvals for PMS, a real estate fund, and a private equity fund, which are scheduled to commence operations soon.

BAJAJFINSV Stock Price Movement​

As trading continues into the afternoon, shares of Bajaj Finserv Limited rally toward ₹2001.1 at 12:12 PM, having gained 4.80% in live trading. The stock’s performance is buoyed by a strong total volume of 1.86 million shares, tracing a substantial intraday range that peaked at ₹2009.8.