Net Interest Income (NII) for Q3 FY25 stood at Rs 806 crore, up 24.96% as against Rs 645 crore in Q3 FY24. Profit before tax in the December 2024 quarter stood at Rs 713.02 crore, up 24.68% from Rs 571.86 crore posted in the corresponding quarter of the previous fiscal. The ratio of operating expenses to net total income for Q3 FY25 was 19.8%, reflecting an improvement from 23.2% in Q3 FY24. Loan losses and provisions for Q3 FY25 amounted to Rs 35 crore, compared to Rs 1 crore in Q3 FY24. Assets under management (AUM) grew by 26% to Rs 1,08,314 crore as of 31 December 2024, compared to Rs 85,929 crore as of 31 December 2023. As of 31 December 2024, the gross NPA and net NPA stood at 0.29% and 0.13%, respectively, compared to 0.25% and 0.10% as of 31 December 2023. The provisioning coverage ratio for stage 3 assets was at 55%. The annualized return on average assets for Q3 FY25 was 2.4%, maintaining the same level as in Q3 FY24. The annualized return on average equity for Q3 FY25 was 11.5%, compared to 15.0% in Q3 FY24, driven by primary capital infusion through the IPO of Rs 3,560 crore. The capital adequacy ratio (including Tier-II capital) as of 31 December 2024 stood at 27.86%. Bajaj Housing Finance (BHFL) is India's largest non-deposit-taking housing finance company (HFC) registered with the National Housing Bank (NHB) since 24 September 2015. The company is a part of the Bajaj Group, a diversified business group that has been in existence for a century. It has undertaken mortgage lending since FY2018 and is categorized as an Upper Layer NBFC (NBFC-UL) by the Reserve Bank of India (RBI) since September 2022. BHFL has emerged as the second largest HFC within seven years of commencing mortgage operations. The eighth largest NBFC-ULs by AUMs end March 2024 is the second most profit-making HFC in India, recording the second highest loan disbursement by HFCs in India in FY2024 and Q1 FY2025. It has the second highest AUM per branch and AUM per employee among large HFCs. Shares of Bajaj Housing Finance declined 1.98% to Rs 103.75 on the BSE.Powered by Capital Market - Live

Net profit of Bajaj Housing Finance rose 25.41% to Rs 548.02 crore in the quarter ended December 2024 as against Rs 436.97 crore during the previous quarter ended December 2023. Sales rose 25.91% to Rs 2435.16 crore in the quarter ended December 2024 as against Rs 1934.00 crore during the previous quarter ended December 2023. ParticularsQuarter EndedDec. 2024Dec. 2023% Var. Sales2435.161934.00 26 OPM %91.9492.15 - PBDT723.15581.85 24 PBT713.02571.86 25 NP548.02436.97 25 Powered by Capital Market - Live

Bajaj Housing Finance will hold a meeting of the Board of Directors of the Company on 27 January 2025.Powered by Capital Market - Live

Bajaj Housing Finance has allotted 50,000 NCDs at face value of Rs 1 lakh each aggregating to Rs 500 crore on private placement basis on 20 December 2024. Powered by Capital Market - Live

Net profit of Bajaj Housing Finance rose 20.95% to Rs 545.60 crore in the quarter ended September 2024 as against Rs 451.11 crore during the previous quarter ended September 2023. Sales rose 26.24% to Rs 2397.65 crore in the quarter ended September 2024 as against Rs 1899.24 crore during the previous quarter ended September 2023. ParticularsQuarter EndedSep. 2024Sep. 2023% Var. Sales2397.651899.24 26 OPM %93.0691.38 - PBDT717.61584.72 23 PBT707.59575.00 23 NP545.60451.11 21 Powered by Capital Market - Live

Bajaj Housing Finance has allotted 1,50,000 NCDs of face value of Rs 1,00,000 each aggregating to Rs 1,500 crore on private placement basis on 17 October 2024. Powered by Capital Market - Live

Bajaj Housing Finance will hold a meeting of the Board of Directors of the Company on 21 October 2024Powered by Capital Market - Live

Bajaj Housing Finance has allotted 55,000 NCDs of face value of Rs 1,00,000 each aggregating to Rs 550 crore on private placement basis on 04 October 2024. Powered by Capital Market - Live

The key equity indices traded with decent losses in early trade, led by weak sentiment flowing from global markets, due to rising risks of escalating conflict between Israel and its allies on one side, and Iran and its supporters on the other. The Nifty traded below the 25,150 mark. Barring the Nifty IT index, all the other sectoral indices on the NSE traded in the red. At 09:30 IST, the barometer index, the S&P BSE Sensex, was down 337.53 points or 0.41% to 82,121.89. The Nifty 50 index declined 116.25 points or 0.46% to 25,124.20. The broader market underperformed the frontline indices. The S&P BSE Mid-Cap index fell 1.37% and the S&P BSE Small-Cap index declined 1.43%. The market breadth was negative. On the BSE, 1,285 shares rose and 1,368 shares fell. A total of 109 shares were unchanged. Foreign portfolio investors (FPIs) sold shares worth Rs 15,243.27 crore, while domestic institutional investors (DIIs) were net buyers to the tune of Rs 12,913.96 crore in the Indian equity market on 3 October 2024, provisional data showed. Stocks in Spotlight: Bajaj Housing Finance rose 0.54%. The company's assets under management (AUM) stood at Rs 1.03 Lakh crore in Q2 FY25, up 26% YoY. Its loan assets stood at Rs 89,869 crore in Q2 FY25 as compared with Rs 70,954 crore in the same quarter last year. Bank of Baroda added 0.96%. The bank's domestic advances increased 12.5% YoY to Rs 9.39 lakh crore in Q2 FY25. Its domestic deposits stood at Rs 11.5 lakh crore, reflecting a 7.1%YoY increase. Bajaj Finance declined 2.24%. The company's new loan book jumped 14% YoY to Rs 96.9 crore in Q2 FY25. Assets under management (AUM) increased 29% year-on-year to Rs 3.74 lakh crore in Q2 FY25. Net liquidity surplus stood at approximately Rs 20,100 crore as of 30 September 2024. Deposits book increased to Rs 66,100 crore, up 21% YoY as on 30 September 2024. Numbers to Track: The yield on India's 10-year benchmark federal paper advanced 1.98% to 6.911 as compared with previous close 6.888. In the foreign exchange market, the rupee edged lower against the dollar. The partially convertible rupee was hovering at 83.9650, compared with its close of 83.9600 during the previous trading session. MCX Gold futures for 4 December 2024 settlement rose 0.10% to Rs 76,321. The US Dollar index (DXY), which tracks the greenback's value against a basket of currencies, was down 0.06% to 101.93. The United States 10-year bond yield fell 0.16% to 3.851. In the commodities market, Brent crude for December 2024 settlement lost 8 cents or 0.10% to $77.54 a barrel. Global Markets: Asian stocks traded mixed on Friday, following losses on Wall Street, with concerns over Middle East tensions keeping investors on edge in the run up to September's U.S. payrolls report. U.S. President Joe Biden warned that the U.S. was considering strikes on Iranian oil facilities in response to Tehran's missile attack on Israel. Meanwhile, Israel continued its military campaign against the Lebanese armed group Hezbollah, with new air strikes targeting Beirut. Investors were also closely watching the U.S. nonfarm payrolls report, which could provide further insights into the Federal Reserve's interest rate policy. U.S. stocks closed lower on Thursday, though they recovered from intraday losses. Traders remained cautious amid the ongoing Middle East conflict and the anticipation of the jobs report. The Dow Jones Industrial Average declined by 0.44%, the S&P 500 fell by 0.17%, and the Nasdaq Composite dropped by 0.04%.Powered by Capital Market - Live

Securities ban in F&O Bandhan Bank, Birla Soft, Granules India, Hindustan Copper, Manapurram Finance, RBL Bank Stocks to watch : Bajaj Housing Finance's Assets under management (AUM) stood at Rs 1.03 Lakh crore in Q2 FY25, up 26% YoY . Its loan assets stood at Rs 89,869 crore in Q2 FY25 as compared with Rs 70,954 crore in the same quarter last year. Bajaj Finance's new loan book jumped 14% YoY to Rs 96.9 crore in Q2 FY25. Assets under management (AUM) increased 29% year-on-year to Rs 3.74 lakh crore in Q2 FY25. Net liquidity surplus stood at approximately Rs 20,100 crore as of 30 September 2024. Deposits book increased to Rs 66,100 crore, up 21% YoY as on 30 September 2024. Mahindra & Mahindra Financial Services' overall disbursements fell 1% YoY to Rs 13,160 crore in Q2 FY25. Its non-performing assets stood at 3.8% in Q2 FY25 as compared with 4.3% in Q2 FY24. Business assets stood at Rs 1.13 lakh crore, up 20% YoY in Q2 FY25. Shilpa Medicare arm received a certificate of sustainability from European Directorate for the quality of medicines and healthcare for the API, desmopressin. Aarti Drugs received certificate of GMP Compliance from United Kingdom Medicines and Healthcare Products Regulatory Agency to the manufacturing facility of its subsidiary, Himachal Pradesh. Bank of Baroda's domestic advances increased 12.5% YoY to Rs 9.39 lakh crore in Q2 FY25. Its domestic deposits stood at Rs 11.5 lakh crore, reflecting a 7.1%YoY increase. JTL Industries board has approved a split of one share into two. Uflex's Eygpt unit, Flex ASepto will set up a packaging unit worth $ 126 million. CESC has signed a term sheet with Bhojraj Renewables fro 150 MW solar project and a 300 MW wind project.Powered by Capital Market - Live