Bajaj Finserv has reported its Q4 financial results, showcasing steady growth in both revenue and profitability. The financial services company delivered a consolidated net profit of ₹25.4 billion rupees for the quarter, marking an improvement from the ₹24.2 billion rupees recorded in the same period of the previous year.

Financial Performance Overview

The company's quarterly performance demonstrates consistent growth momentum across key financial metrics. Revenue for Q4 reached ₹385 billion rupees, representing an increase from ₹366 billion rupees in the corresponding quarter of the previous year.

Earnings vs Expectations

While Bajaj Finserv posted positive year-on-year growth in net profit, the results came in below market expectations. Analyst estimates had projected the company's Q4 consolidated net profit to reach ₹27 billion rupees, making the actual figure of ₹25.4 billion rupees a shortfall against consensus forecasts.

Dividend Declaration

Alongside the quarterly results, Bajaj Finserv announced a dividend distribution for its shareholders. The company declared a dividend of ₹1.50 per share, reflecting the management's confidence in the business performance and commitment to returning value to investors.

The financial results highlight Bajaj Finserv's continued operational performance in the financial services sector, with both revenue and profit showing upward trajectory compared to the previous year's corresponding quarter.

Bajaj Finserv Limited's Board of Directors convened on 30 April 2026 to approve the company's audited standalone and consolidated financial results for the financial year ended 31 March 2026. The board meeting, which commenced at 11:15 a.m. IST and concluded at 2:05 p.m. IST, marked another milestone year for the financial services conglomerate with record-breaking performance across key metrics.

Record Financial Performance

The company achieved an all-time high consolidated total income of ₹150,530 crore and profit after tax of ₹9,801 crore, surpassing the previous year's record. For the quarter ended 31 March 2026, consolidated total income stood at ₹38,508 crore, while consolidated profit after tax reached ₹2,539 crore. On a year-on-year basis, consolidated total income grew by 13% from ₹132,944 crore in FY25, while consolidated profit after tax increased by 10% from ₹8,872 crore.

Special Dividend Declaration

In line with the company's Dividend Distribution Policy, the Board recommended a dividend of ₹1.50 per equity share of face value of ₹1, representing 150% on face value for FY26. This includes a special payout of ₹0.20, celebrating 100 years of Bajaj Group. The Board fixed Tuesday, 30 June 2026 as the record date for determining members eligible to receive the dividend, with payment scheduled on or before 4 August 2026, subject to shareholder approval at the Annual General Meeting.

Strategic Acquisition Milestone

During the year, Bajaj Finserv completed the acquisition of Allianz SE's 26% stake in its insurance subsidiaries. On 8 January 2026, the company acquired 23% equity stake for ₹939.44 crore, increasing its holding to 75.01% in both Bajaj General Insurance Limited and Bajaj Life Insurance Limited. Subsequently, on 12 March 2026, Allianz SE tendered its entire remaining 3% stake, resulting in complete exit and increasing Bajaj Finserv's equity stake to 77.33% in each subsidiary. Additionally, on 16 January 2026, the company acquired 50% equity stake in Bajaj Financial Distributors Limited for ₹12.50 crore, making it a wholly owned subsidiary.

Corporate Governance Updates

The Board approved the re-appointment of KKC & Associates LLP, Chartered Accountants, as Statutory Auditors for a second term of five consecutive years from the conclusion of the 19th Annual General Meeting till the conclusion of the 24th Annual General Meeting. The 19th Annual General Meeting is scheduled for Friday, 31 July 2026. The audit reports were submitted with unmodified opinions, free from any qualifications, demonstrating strong financial governance and transparency.