Ahead of the results announcement, the stock has already surged 8% over the last one month.
Bajaj Housing Finance had already disclosed its provisional business updates for the March quarter earlier this month.
Gross disbursement figures for the quarter stood at ₹14,250 crore, which is higher than the ₹11,393 crore it had disbursed during the same quarter last year.
The company’s Assets Under Management (AUM) stayed above the mark of ₹1 lakh crore during the quarter, growing by 26% from the year-ago quarter to ₹1.14 lakh crore. During the quarter, the company’s AUM grew by ₹6,365 crore.
Loan assets at the end of the quarter stood at ₹99,500 crore, compared to ₹79,301 crore at the end of the March 2024 quarter.
Bajaj Housing Finance was also in focus earlier this month as the company saw its shareholder lock-in period end, which freed up as many as 529 crore shares, or 62% of the company’s outstanding equity, for trade.
The company’s Net Interest Income and asset quality will be some of the key metrics that the street will await clarity on.
During the December quarter, Bajaj Housing Finance’s net interest income had grown by 25% from last year, while asset quality had remained stable on a sequential basis.
Shares of Bajaj Housing Finance ended 0.5% higher on Tuesday at ₹131.34. The stock still trades below its post-listing high of ₹188.5 but remains well above its IPO price of ₹70 per share.
