Holding company Bajaj Finserv announced Q1FY25 results: Consolidated total income - Rs 31,480 crore v/s Rs 23.280 crore up by 35% YoY Consolidated profit after tax - Rs 2,138 crore v/s Rs 1.943 crore up by 10% YoY Bajaj Finance, consolidated profit after tax - Rs 3,912 crore v/s Rs 3.437 crore up by 14% YoY General insurance, profit after tax - Rs 576 crore v/s Rs 415 crore up by 39% YoY Life insurance. net new business value (NBV) - Rs 104 crore v/s Rs 94 crore up by 11% YoY Finance and insurance businesses: BAGIC recorded market leading growth of 24% in gross written premium to Rs 4,761 crore; excluding bulky tender-driven crop and government health business growth was strong at 22%. Its profit after tax increased by 39%. BFL recorded increase in the customer franchise of 4.47 million and number of new loans booked of 10.97 million in 01 FY25. Its quarterly consolidated profit after tax increased by 14%, while its wholly owned subsidiary, BHFL recorded g'rowth of 5% in profit · after tax. BALIC continues to record market beating growth of 26% in individual rated new business premium and growth of 11% in net _new business value. Emerging businesses: Bajaj Finserv Asset Management recorded assets under management (AUM) of Rs 12,053 crore as on 30 June 2024. BFS continues to grow its emerging businesses which include Bajaj Firiserv Health, Bajaj Finserv Direct. Bajaj Finserv Asset Management and Bajaj Finserv Ventures. Losses from these businesses have increased but are as planned. Bajaj Finserv Health completed the acquisition of Vidal Healthcare including TPA after receipt of necessary approvals. The integration and upgrading of technology, policies and other aspects of business is in progress. Result PDF