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Bajaj Housing ends FY25 on high
Mint Mumbai
|April 25, 2025
Bajaj Housing Finance Ltd's performance in the March quarter (Q4FY25) was strong except for the pressure on gross spread.
Gross spread, or the yield on portfolio minus cost of funds, fell 10 basis points sequentially to 1.8%. This could be a sign of pricing pressure in the company's preferred individual lending segment, which focuses on salaried individuals with an annual income of ₹15 lakh. Still, net profit soared 54% year-on-year (y-o-y) to ₹587 crore.
This story is from the April 25, 2025 edition of Mint Mumbai.
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