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Dividend bonanza lifts Bajaj Finserv as profit hits Rs 1,085 crore in Q2
MUMBAI: When dividends rain, Bajaj Finserv shines. The financial services powerhouse reported a robust standalone profit of Rs 1,085.18 crore for the quarter ended September 2025, up 20 per cent from Rs 907.57 crore a year earlier, driven largely by a gush of dividend inflows from group companies.
The second quarter’s total income stood at Rs 1,481.28 crore, a 21 per cent rise over the year-ago figure of Rs 1,227.14 crore. The spike came primarily on the back of dividend income, which soared to Rs 1,405.21 crore, a massive jump from Rs 1,144.14 crore in Q2 FY24 accounting for nearly 95 per cent of the company’s revenue from operations.
Interest income, however, slipped to Rs 54.93 crore from Rs 59.89 crore a year earlier, while rental income and wind power revenue contributed Rs 1.21 crore and Rs 9.88 crore respectively.
Expenses remained in check, rising modestly to Rs 78.05 crore in the quarter compared to Rs 61.39 crore a year ago. Employee costs were the biggest contributor at Rs 54.16 crore, followed by other expenses of Rs 22.54 crore and depreciation of Rs 1.35 crore.
Profit before tax came in at Rs 1,403.23 crore, up 20 per cent from Rs 1,165.75 crore in the same quarter last year. However, a steep tax bill of Rs 318.05 crore (up from Rs 258.18 crore in Q2 FY24) trimmed the bottom line, even as the company benefited from a Rs 40.21 crore tax credit from earlier years.
After tax, Bajaj Finserv’s net profit stood at Rs 1,085.18 crore, while total comprehensive income (including other gains and losses) was Rs 1,084.32 crore. Basic earnings per share came in at Rs 6.8, compared with Rs 5.7 in the corresponding period last year.
For the half year ended September 2025, total income reached Rs 1,935.56 crore, while net profit stood at Rs 1,415.10 crore marginally lower than Rs 1,540.61 crore reported for the same period last year.
On the balance sheet, total assets rose sharply to Rs 10,222.91 crore as of September 2025, compared with Rs 8,611.81 crore a year ago. Financial assets accounted for the bulk of this, led by Rs 6,073.40 crore in investments in subsidiaries and joint ventures and Rs 3,484.13 crore in other investments.
Other equity swelled to Rs 9,835.61 crore, up from Rs 8,142.97 crore in September 2024, underscoring the company’s growing investment base and capital strength.
From a cash flow perspective, Bajaj Finserv continued to maintain healthy liquidity. The company generated Rs 1,723.49 crore from operating activities during the half year, with significant inflows from investment realisations. Cash and cash equivalents stood at Rs 6.34 crore at the end of September, down from Rs 18.04 crore at the end of March, reflecting strategic capital deployment.
While the quarter may not have seen fireworks on the lending or operating front, Bajaj Finserv’s dividend-driven engine kept profits sizzling. The steady stream of returns from its subsidiaries Bajaj Finance and Bajaj Allianz among them remains the secret sauce behind the company’s enviable earnings consistency.
In short, Bajaj Finserv didn’t just cash in on dividends this quarter, it turned them into a masterclass in financial finesse.
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Moneycontrol to host Global Wealth Summit 2026 in Mumbai on March 14
Investors and policymakers gather to decode wealth in a shifting world order
MUMBAI: As global markets grapple with volatility, shifting capital flows and rapid technological disruption, Moneycontrol is bringing together some of the biggest names in finance and policy for the second edition of the Global Wealth Summit.
The IDFC FIRST Bank presents Moneycontrol Global Wealth Summit will take place on March 14, 2026, at the Jio World Convention Centre in Mumbai, gathering global investors, policymakers and market experts for a day of conversations on the future of wealth creation.
Centred on the theme “The Capital Reset: Building Wealth in a New World Order”, the summit will examine how investors are rethinking risk, returns and portfolio strategies as the global financial landscape evolves. Artificial intelligence, shifting supply chains, geopolitical realignments and renewed interest in safe-haven assets are among the forces reshaping investment thinking worldwide.
The event will feature more than 15 sessions and over 45 speakers across more than 10 hours of discussions. Over 400 participants are expected to attend, creating space not only for debates on markets but also for networking among leaders from finance, business and policymaking.
Among the key speakers is Tuhin Kanta Pandey, chairman of SEBI, who is expected to share insights on India’s regulatory landscape and the policy direction shaping the country’s capital markets. Global investment perspectives will come from Jonathan Wilmot, global strategist at Aletheia Capital, and Charles Myers, chairman and founder of Signum Global Advisors, who will discuss macroeconomic shifts, capital flows and emerging investment opportunities.
The summit will also see participation from leaders across India’s financial ecosystem, including V. Vaidyanathan, MD and CEO of IDFC FIRST Bank, Sundararaman Ramamurthy, MD and CEO of BSE, Atul Mehra, MD and CEO of Axis Capital, Abhinav Bharti, MD and head of India ECM at JP Morgan, and Dinesh Thakkar, chairman and MD of Angel Broking.
Seasoned market voices such as Ramesh Damani, veteran investor and member of BSE, Ajit Dayal, founder of Quantum Advisors and Quantum AMC, and Shankar Sharma, founder of GQuant, are expected to offer perspectives on equity markets, valuation cycles and long-term wealth creation.
Institutional and global market insights will also come from Sunil Tirumalai, executive director and GEM equity strategist at UBS, and Sachee Trivedi, founder and director of Trident Capital Investments. Ananth Narayan, former SEBI whole-time member, will add regulatory and governance perspectives shaped by his experience in India’s financial framework.
Moneycontrol managing editor and Network18 chief AI officer editorial operations Nalin Mehta, said the summit comes at a time when investors are navigating heightened geopolitical tensions and uncertain markets.
“The second edition of the Moneycontrol Global Wealth Summit comes at a time when investors are navigating heightened geopolitical tensions and volatile markets. By bringing together leading investors, policymakers and market strategists, the summit will offer insights from leaders who have weathered multiple market cycles and bring deep perspective on building wealth and traversing multiple asset classes in a rapidly changing world,” he said.
Over the years, the Moneycontrol Global Wealth Summit has positioned itself as a platform where regulators, investment strategists, CEOs and fund managers exchange ideas, engage with policymakers and explore partnerships in an increasingly complex market environment.
Moneycontrol’s Global Wealth Summit 2026 is presented by IDFC FIRST Bank, with Reliance Industries Limited as the associate partner.
