Chairman Sanjiv Bajaj credited the government’s new GST reforms and personal income tax changes for boosting consumer purchasing power, particularly among middle- and lower-income households.

He said the festive surge reflected a trend toward premiumization, as customers upgraded to higher-end consumer goods such as televisions and air-conditioners. Loans for 40-inch and above TVs accounted for 71% of total TV financing, up from 67% a year earlier.

Bajaj Finance is a deposit-taking non-banking financial company (NBFC-D) registered with the Reserve Bank of India (RBI) and is classified as an NBFC-Investment and Credit Company (NBFC-ICC). The company serves over a 110 million customers through a diversified portfolio comprising consumer loans, SME finance, commercial lending, rural lending, fixed deposits and payments, offered through Web, App and at 4,000+ locations.

The company's board will consider Q2 results on 10 November 2025. The company reported 20.13% jump in consolidated net profit to Rs 4,699.61 crore on 21.26% rise in total income to Rs 19,528.48 crore in Q1 FY26 over Q1 FY25.