• Source:JND

Bajaj Housing Finance Share Price: Shares of Bajaj Housing surged over 3% in early trade on Thursday after the non-banking finance company announced a 53 per cent jump in net profits to Rs 586.68 crore in the fourth quarter (Q4) of the financial year ended 2024-25. The housing finance company posted Rs 381.34 crore profit in the same quarter a year ago.

However, the scrip pared some of its gain following profit booking. At around 9:55 am, the Bajaj Housing Finance Shares were trading at Rs 133.93 on NSE, up 1.55% against the previous day's closing price of Rs 131.88 per share. The counter opened at Rs 135.0 per share with a decent gap-up and soared further to hit an intraday high at Rs 136.96 per share on NSE. Meanwhile, its 52-week high and low values stood at Rs 188.50 and Rs 103.10, respectively.

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Bajaj Housing Finance Q4 Result

Bajaj Housing Finance on Wednesday reported a 53 per cent rise in net profit to Rs 586.68 crore for the fourth quarter (Q4) of FY 2024-25. The company's net interest income (NII) grew 24.4 per cent to Rs 2,373.73 crore in the fourth quarter as against Rs 1,907.64 crore in the same quarter of the previous fiscal.

Bajaj Housing Finance's total expenses rose 18.5 per cent to Rs 1,788.27 crore in the January-March quarter as against Rs 1,508.28 crore in the same quarter last year.

During the January-March 2025 quarter, the net interest income of NBFC Company Finance grew 24.4% to Rs 2,373.73 crore as compared to the same quarter last fiscal, while net interest income (NII) stood at Rs 1,907.64 crore. Total expenses of Bajaj Housing Finance grew 18.5% to Rs 1,788.27 crore during the January-March quarter as compared to Rs 1,508.28 crore in the same quarter last year.

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Disclaimer: This is just a piece of news about recent developments in the stock. Jagran does not advise investing. Please do take expert advice before investing.