Bajaj Housing Finance Sees Significant Growth in Q4: Net Profit Reaches Rs 587 Crore, NII Jumps 24%
Bajaj Housing Finance has announced a strong performance in the fourth quarter, with its net profit reaching Rs 587 crore. The company's gross non-performing assets (GNPA) stood at 0.29% for the quarter ended March 2025, marginally higher than the 0.27% recorded in the December quarter. This slight increase in GNPA is a testament to the company's robust risk management practices. The net interest income (NII) saw a significant jump of 24%, demonstrating the company's ability to generate revenue through its lending activities. With a strong focus on mortgage lending and a growing customer base, Bajaj Housing Finance is well-positioned for future growth. The company's performance is a reflection of its commitment to providing competitive home loan rates and exceptional customer service, making it a leader in the housing finance sector. Key factors such as credit risk management and loan portfolio quality will continue to drive the company's success. As the Indian housing market continues to evolve, Bajaj Housing Finance is poised to capitalize on emerging trends and opportunities, including affordable housing and digital lending.
