Bajaj Finserv Ltd.

Bajaj Finserv delivered a robust Q3 FY26 performance with consolidated total income growing 24% YoY to ₹39,708 crores and profit after tax up 32% to ₹2,936 crores before one-time charges related to labor code provisions and accelerated ECL provisioning.

Bajaj Life achieved record-breaking results with VNB surging 59% to ₹405 crores and new business margin expanding 390 bps to 19%, the highest in a decade, driven by successful execution of the Bajaj Life 2.0 strategy focused on sustainable and profitable growth. Bajaj General maintained market leadership among private players with a best-in-class combined ratio of 97.9% and ROE above 22%. The company successfully completed the Allianz stake buyout in January 2026, increasing Bajaj Group ownership to 97% across insurance subsidiaries.

Bajaj Finserv AMC became the fastest to cross ₹30,000 crores AUM in just 2.5 years, now ranked 26th in India. Both insurance subsidiaries maintain industry-leading solvency ratios at 333% and 344% respectively, positioning the group well for sustained growth despite external headwinds.