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Airtel & Bajaj Finance to jointly offer financial services
MUMBAI: Bharti and Bajaj are getting together. No, it’s not a couple from heartland India that’s getting hitched (would we be writing about a couple from rural India? Just kidding, on second thoughts, we might. But nonetheless this punning around was to make this heavy piece feel light!)
Anyway getting back to business: it’s India’s second largest telco Bharti Airtel and non-banking finance company Bajaj Finance that have p has shaken hands to create a one-of-its-kind digital platform for financial services.
The partnership brings together Airtel’s vast customer base of 370 million, 12 lakh+ strong distribution network, and Bajaj Finance’s diversified suite of 27 product lines, and distribution heft of 5,000+ branches and 70,000 field agents.
Under the agreement, firstly, Airtel will progressively offer close to 10 Bajaj Finance’s financial products to its customers within this calendar year. Secondly, customers can apply for Airtel-Bajaj Finserv Insta EMI card through the Airtel Thanks App, providing access to a range of offers and flexible EMI options.
Bharti Airtel vice-chairman & MD Gopal Vittal said, “We are building Airtel Finance as a strategic asset for the group and will continue to invest in and grow the business.”
Bajaj Finance managing director Rajeev Jain, added: “Together with Airtel, we seek to be the financier of choice to India and enable millions to access financial services, even in remote areas.”
When it does manage to do that, it sure would have proved to have been a valuable handshake.
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Angel One Q4 profit surges 83 per cent to Rs 320cr
year net profit dips 22 per cent to Rs 915cr as revenue softens slightly to Rs 5,137cr.
MUMBAI: Angel One has just earned its wings in style delivering a blockbuster Q4 that proves the brokerage giant is still flying high even in a cautious market. Standalone revenue from operations for the three months ended 31 March 2026 rose sharply to Rs 1,459cr, up from Rs 1,056cr a year ago. Total income stood at Rs 1,467cr. After all expenses, profit before tax came in at Rs 440cr, while net profit for the quarter surged 83 per cent to Rs 320cr (versus Rs 175cr last year). Basic EPS stood at Rs 3.52 and diluted at Rs 3.44.
For the full year ended 31 March 2026, revenue from operations was Rs 5,137cr compared with Rs 5,238cr in FY25. Total income reached Rs 5,152cr. Profit before tax was Rs 1,272cr, and net profit came in at Rs 915cr (down from Rs 1,172cr). Basic EPS was Rs 10.09 (from Rs 13.00) and diluted Rs 9.85 (from Rs 12.68).
Total comprehensive income for the quarter stood at Rs 321cr, while the full-year figure was Rs 913cr.
The strong quarterly performance reflects robust growth in interest income (Rs 455cr) and fees & commission (Rs 1,000cr), even as the full-year numbers moderated amid a softer overall environment. Finance costs rose to Rs 134cr in Q4 (full year Rs 437cr), while employee benefits stood at Rs 244cr for the quarter (full year Rs 1,067cr).
In a year when many brokers felt the pinch of muted market activity, Angel One has delivered a sparkling Q4 that shows its core broking engine is firing on all cylinders. With the books now closed on FY26, the Mumbai-based player has once again demonstrated that consistent execution and a sharp focus on retail participation continue to pay rich dividends in India’s booming capital markets.
