Mumbai, April 30 -- The company now expects asset under management (AUM) growth of 24-25%, down from its earlier estimate of 25-27%. The NBFC also sees 40-50 basis points improvement in cost to income, lower fee income growth of 13-15% and credit cost in the range of 1.85-1.95%, leading to RoA projection of 4.4-4.6% and RoE estimate of 19-20%.

Bajaj Finance reported 17.12% jump in consolidated net profit to Rs 4,479.57 crore on 23.68% rise in total income to Rs 18,468.74 crore in Q4 FY25 over Q4 FY24.

The consolidated results of Bajaj Finance include the results of its wholly owned subsidiaries, Bajaj Housing Finance (BHFL) and Bajaj Financial Securities (BFinsec), and its associate companies, Snapwork Technologies and Pennant Technolog...