AUM Grows By 26% To Approximately ₹1.08 Lakh Crore

Bajaj Finserv Ltd. reported a 26% increase in its assets under management (AUM) to Rs 1.08 lakh crore as of December 31, 2024. This is a significant growth of Rs 5,730 crore from the same period last year. The company’s loan assets grew by 30.5% to Rs 95,550 crore. This marks a notable rise from Rs 73,197 crore at the end of December 2023. In a quarterly update, the company shared that its consolidated net profit rose 8% year-on-year to Rs 2,087 crore, with a sequential increase of 13%. Total income also saw a significant increase of 30% year-on-year to Rs 33,704 crore. This growth is expected to be reflected in the company’s financial results for the third quarter of the fiscal.