Bajaj Finance reported a healthy Q1FY27 performance with Net Interest Income (NII) increased 24.0% YoY and 7.3% QoQ to Rs. 114,950.1 Mn, ahead of our estimate of Rs. 112,516.2 Mn, driven by strong loan book expansion and stable margins. PPOP grew 19.88% YoY and 8.33% QoQ to Rs. 91,397 Mn, above our estimate of Rs. 68,085.6 Mn. Provisions declined 4.9% YoY to Rs. 19,768.6 Mn, largely in line with our estimate of Rs. 19,722.6 Mn, indicating continued improvement in underlying asset quality despite management maintaining prudent provisioning. Asset quality...