Business · India Bureau
Bajaj Housing Finance posts 18% profit growth in Q2 FY27
Bajaj Housing Finance Limited has reported a robust 18 percent year-on-year increase in net profit to ₹757 crore for the second quarter of FY27, driven by strong growth across revenue and asset metrics.
LSN India ·
The housing finance company's total income surged 18.3 percent during the same period to ₹3,251 crore, reflecting steady expansion in its lending operations and customer base. The growth in profitability and revenue indicates sustained momentum in India's mortgage lending sector amid rising housing demand.
Assets under management, a key indicator of the company's lending portfolio size, climbed 25 percent to ₹1.58 trillion during Q2 FY27. This significant expansion in AUM outpaced the growth in both profit and revenue, suggesting aggressive portfolio expansion and market share gains in the competitive housing finance space.
The sequential performance demonstrates Bajaj Housing Finance's ability to maintain operational efficiency while scaling its lending business. The company's multi-dimensional growth—combining profitability increases with faster AUM expansion—reflects robust demand for home loans and effective business execution during a period of economic expansion in India.
The results position Bajaj Housing Finance among the country's growing roster of specialized housing finance companies capitalizing on India's rising urban middle class and increasing homeownership aspirations. Continued momentum in the sector will depend on sustained housing demand, competitive pricing dynamics, and asset quality management in the months ahead.