Shares of leading NBFC Bajaj Finance rose over 2 percent on April 4 after the company shared a positive business update of 26 percent year-on-year growth in assets under management (AUM) during the January-March quarter of financial year 2024-25.
In an exchange filing, Bajaj Finance said its AUM as of March 31, 2025, stood at around Rs 4.17 lakh crore, registering a growth of 26 percent as against the AUM of Rs 3.31 lakh crore reported a year ago.
The company disbursed 1.07 crore loans in Q4FY25, registering a growth of around 36 percent as compared to a year ago.
The financial services company’s Q4FY25 customer franchise grew nearly 22 percent year-on-year to 10.18 crore, while the deposit book grew 19 percent to Rs 71,400 crore.
The rally has helped the stock break a four-day losing streak that began after hitting a 52-week high of Rs 9,260 on March 25, and has gained nearly 26 percent so far in 2025.
Bajaj Finance has also received a ‘letter of displeasure’ from RBI over lapses in its co-branded credit card business, reports CNBC Awaaz. The letter said the NBFC’s current system is putting customers at risk by failing to maintain internal controls and processes for credit card lending.
Motilal Oswal Financial Services has said, “For the NBFC sector, Q4 FY25 is very different from Q4 FY26 as the strong seasonality is missing in this quarter. Despite the seasonality, collections and demand trends remain subdued.
Asset quality, which typically improves significantly in the fourth quarter, is not as evident in this quarter.”
