Bajaj Housing Finance Ltd has come out with first quarterly results post listing after separation from Bajaj Finance Ltd. After its bumper listing, the stock's performance has been muted. This could indicate investors’ concern about the interest spread,

Bajaj Housing Finance's net profit for Q2 FY25 rose by 21% to Rs 546 crore, with revenue from operations up by 26% to Rs 2,410 crore. Assets under management grew by 26%, while loan losses and provisions declined significantly.

The shares of Bajaj Housing Finance Ltd experienced a notable surge of up to 4% in opening trade on October 22, buoyed by the companys impressive financial results for the July-September quarter. The non-banking financial companys (NBFC) net profit surged by 21% year-on-year,

The housing finance company maintained its AUM momentum with 26% growth this quarter. Shares of Bajaj Housing Finance ended at ₹136.55, down by ₹2.75, or 1.97%, on the BSE.

The revenue from operations also saw a significant rise, with the company reporting Rs 2,410 crore for Q2FY25.

Bajaj Finance said Q2 FY25 was a mixed quarter as volumes, AUM and operating efficiencies were good but loan losses remained elevated. As a result, profit growth and ROA were muted, it added.

Bajaj Housing Finance announced its second-quarter results on Monday, marking its first quarterly results after the company was listed in September. What Happened: Bajaj Housing Finance's net profit rose 21% from the previous year to ₹546 crore.

(Reuters) -Indian shares marked a muted open on Wednesday, as the broader profit-booking amid lacklustre corporate earnings and persistent foreign outflows was offset by gains in Bajaj Finance. The NSE Nifty 50 rose 0.

The net profit of Bajaj Housing Finance, a non-banking financial company (NBFC), rose 21% year-on-year (Y-o-Y) to INR 546 crore in the second quarter of FY25 (Q2 FY25) from INR 451 crore in Q2 FY24, aided by healthy growth in total income.