Business Update4 Oct 2024, 02:43 am
Bajaj Housing Finance's AUM Surpasses 1,00,000 Crore in Q2 FY25, Up by 26%
AI Summary
Bajaj Housing Finance Ltd has announced that its Assets under Management (AUM) have crossed a significant milestone of 1,00,000 crore in the second quarter of the financial year 2024-2025 (Q2 FY25). The AUM has grown by approximately 26% to 1,02,550 crore as of 30 September 2024, compared to 81,215 crore as of 30 September 2023. The company's Loan Assets (AR) stood at approximately 89,860 crore as of 30 September 2024, compared to 70,954 crore as of 30 September 2023. This information is provisional and subject to limited review by the statutory auditors of the Company.
Key Highlights
- Assets under Management (AUM) crossed 1,00,000 crore in Q2 FY25
- AUM grew by 26% to approximately 1,02,550 crore as of 30 September 2024
- Loan Assets (AR) stood at approximately 89,860 crore as of 30 September 2024
- Growth in AUM is in line with the previous two quarters
- Information is provisional and subject to limited review by the statutory auditors