Bajaj Finserv's net profit for Q2 FY25 increased by 8% compared to the previous year, reaching Rs 2,087 crore. This growth was driven by a surge in interest income and insurance premiums.

Bajaj Finance, a group company, contributed to the overall growth with a 13% rise in profits to Rs 4,000 crore. They also saw strong customer acquisition, adding nearly 4 million customers and booking close to 10 million new loans.

In the insurance sector, Bajaj Allianz General Insurance reported a 6% increase in profit after tax to Rs 494 crore, while Bajaj Allianz Life Insurance saw a modest 3% growth in net new business value, totaling Rs 245 crore.

For the half-year ending September 2024, Bajaj Finserv's consolidated total income rose by 32% to Rs 65,184 crore, with a 9% increase in consolidated profit after tax to Rs 4,225 crore. The company's share price also rose by 2.24% to Rs 1,761.8 on the BSE.