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Bajaj Finserv's net flat in Q3
Business Standard
|February 05, 2026
Bajaj Finserv on Wednesday reported a consolidated net profit of 2,229 crore in the third quarter of 2025-26 (Q3FY26), flat compared to the ₹2,231 crore in Q3FY25, due to accelerated provisioning and onetime charge due to the new labour Codes.
Its profit would have jumped 32 per cent year-on-year (Yo-Y) to ₹2,936 crore if not for the exceptional items. Net impact on its Q3 consolidated profit is ₹540 crore due to accelerated expected credit loss (ECL) provision and ₹167 crore for the labour Codes.
This story is from the February 05, 2026 edition of Business Standard.
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