Shares of Bajaj Finance dropped around 3% on Wednesday after the company reported a 29% year-on-year increase in net profit to Rs 6,367 crore for the July-September quarter of the ongoing financial year 2027.
Bajaj Finance on Monday released its results for Q2 FY27, reporting a 24% YoY increase in net interest income (NII) to Rs 13,335 crore during the quarter under review, from Rs 10,785 crore reported in the year-ago period. The company’s assets under management (AUM) grew 26% YoY to Rs 5.85 lakh crore. The stock dropped to Rs 929.20 apiece on NSE on Wednesday morning.