Bajaj Finance Income Statement

Financials in millions INR. Fiscal year is April - March.

Millions INR. Fiscal year is Apr - Mar.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022	Mar '21 Mar 31, 2021
Interest and Dividend Income	699,563	611,636	483,066	355,486	272,772	233,034
Total Interest Expense	278,197	247,708	187,247	125,599	97,537	94,140
Net Interest Income	421,366	363,928	295,819	229,887	175,235	138,894
Commissions and Fees	70,472	59,828	52,672	43,556	30,673	24,524
Gain (Loss) on Sale of Loans & Receivables	5,659	5,520	133.3	231.7	-	-
Gain (Loss) on Sale of Investments	925.1	925.1	-6.2	-	-	843
Other Revenue	17,041	19,079	13,960	14,909	13,036	8,382
Revenue Before Loan Losses	515,462	449,281	362,578	288,584	218,944	172,643
Provision for Loan Losses	102,859	79,086	45,487	31,897	48,034	59,425
Revenue	412,604	370,195	317,091	256,687	170,910	113,218
Revenue Growth (YoY)	14.97%	16.75%	23.53%	50.19%	50.96%	-12.79%
Salaries & Employee Benefits	84,503	75,083	63,960	51,002	35,924	24,987
Cost of Services Provided	38,235	30,798	22,876	18,915	17,621	14,474
Other Operating Expenses	36,671	34,790	30,278	26,655	18,480	10,561
Total Operating Expenses	169,465	149,481	123,947	101,425	75,872	53,275
Operating Income	243,139	220,714	193,145	155,262	95,038	59,943
Earnings From Equity Investments	150.7	178.1	76.4	16.7	-	-
EBT Excluding Unusual Items	243,549	221,151	193,221	155,279	95,038	59,991
Other Unusual Items	-2,652	-	-	-	-	-
Pretax Income	240,542	220,796	193,096	155,279	95,038	59,923
Income Tax Expense	57,296	53,002	48,584	40,202	24,756	15,724
Earnings From Continuing Ops.	183,246	167,795	144,512	115,077	70,282	44,198
Minority Interest in Earnings	-2,922	-1,417	-	-	-	-
Net Income	180,324	166,378	144,512	115,077	70,282	44,198
Net Income to Common	180,324	166,378	144,512	115,077	70,282	44,198
Net Income Growth	12.82%	15.13%	25.58%	63.73%	59.02%	-16.03%
Shares Outstanding (Basic)	6,209	6,186	6,100	6,040	6,026	6,007
Shares Outstanding (Diluted)	6,227	6,203	6,124	6,070	6,070	6,055
Shares Change (YoY)	0.45%	1.30%	0.88%	0.01%	0.24%	2.46%
EPS (Basic)	29.04	26.89	23.69	19.05	11.66	7.36
EPS (Diluted)	28.96	26.82	23.60	18.96	11.58	7.30
EPS Growth	12.32%	13.65%	24.48%	63.72%	58.62%	-18.04%
Free Cash Flow	-	-687,385	-704,469	-425,977	-374,655	-9,460
Free Cash Flow Per Share	-	-110.81	-115.04	-70.17	-61.73	-1.56
Dividend Per Share	4.400	4.400	3.600	3.000	2.000	1.000
Dividend Growth	22.22%	22.22%	20.00%	50.00%	100.00%	-
Operating Margin	58.93%	59.62%	60.91%	60.49%	55.61%	52.95%
Profit Margin	43.70%	44.94%	45.57%	44.83%	41.12%	39.04%
Free Cash Flow Margin	-	-185.68%	-222.17%	-165.95%	-219.21%	-8.36%
Effective Tax Rate	23.82%	24.01%	25.16%	25.89%	26.05%	26.24%
Revenue as Reported	793,918	697,248	549,825	414,183	316,481	266,831

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Financial Services template. Financial Sources.