Finance company Bajaj Finance announced Q3FY25 results Number of new loans booked in Q3FY25 was highest ever at 12.06 million as against 9.86 million in Q3FY24, a growth of 22%. Customer franchise stood at 97.12 million as of 31 December 2024 as compared to 80.41 million as of 31 December 2023, a growth of 21 %. In Q3FY25, the Company recorded highest ever quarterly increase in its customer franchise of 5.03 million. Assets under management (AUM) grew by 28% to Rs 398,043 crore as of 31 December 2024 from Rs 310,968 crore as of 31 December 2023. AUM grew by Rs 24, 119 crore in Q3FY25. Net inrerest income increased by 23% in Q3FY25 to Rs 8382 crore from Rs 7655 crore in Q3FY24. Net total income increased by 26% in Q3FY25 to Rs 11,673 crore from Rs 9,298 crore in Q3FY24. Operating expenses to net total income for Q3FY25 was 33.1 % as against 33.9% in Q3FY24. Pre-provisioning operating profit increased by 27% in Q3FY25 to Rs 7,805 crore from Rs 6,142 crore in Q3FY24. Loan losses and provisions for Q3FY25 was Rs 2,043 crore as against Rs 1,248 crore in Q3FY24. Loan losses and provisions to average asset under finance for Q3FY25 was 2.16%. Profit before tax increased by 18% in Q3FY25 to Rs 5,765 crore from Rs 4,896 crore in Q3FY24. Profit after tax increased by 18% in Q3FY25 to Rs 4,308 crore from Rs 3,639 crore in Q3FY24. Gross NPA and Net NPA as of 31 December 2024 stood at 1.12% and 0.48% respectively, as against 0.95% and 0.37% as of 31 December 2023. The provisioning coverage ratio on stage 3 assets was 57%. Capital adequacy ratio (CRAR) (including Tier-II capital) as of 31 December 2024 was 21.57%. The Tier-I capital was 20.79%. Result PDF