# Bajaj Finserv Q1 net up 18% on NBFC strength — retained record

> Retained news record from news:india-et-markets.

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source: [news](https://highsignal.app/data/news) (news:india-et-markets)  published 2026-08-01 03:23 ingested 2026-08-01 08:22

[original source ↗](https://economictimes.indiatimes.com/markets/stocks/earnings/bajaj-finserv-q1-net-up-18-on-nbfc-strength/articleshow/132780431.cms)

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The financial services conglomerate posted a consolidated profit after tax of ₹6,297 crore during the quarter, compared to ₹5,329 crore a year earlier.
The growth was led by Bajaj Finance, where profit after tax rose 28% to ₹6,081 crore.
Also Read: ITC Q1 Results: Standalone profit falls 27% YoY to Rs 3,579 crore, but revenue grows 28%
Bajaj Housing Finance, its mortgage subsidiary, reported a 23% increase in profit after tax to ₹715 crore during the quarter. Bajaj Allianz General Insurance reported a 28% decline in profit after tax to ₹478 crore , while Bajaj Allianz Life Insurance's profit after tax fell 70% to ₹51 crore.
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