Shares of India's Bajaj Finance rose as much as 6% to an all-time high on Thursday, a day after the non-bank lender reported a quarterly profit surge because of solid loan growth, which analysts said augurs well for its earnings next year.

Bajaj Finance's partnership with Bharti Airtel has the potential to become huge over the medium term, given there are 20 crore non-overlapping Airtel customers that can be targeted by Bajaj Finance, MOFSL said.

Results Preview. The NBFC is likely to deliver robust earnings, driven by strong AUM growth and stabilising margins. However, rising credit costs and slight asset quality pressures are expected to draw attention.

India's Bajaj Finance posted a rise in third-quarter profit on Wednesday, helped by strong loan growth during the holiday season.

Bajaj Finance Ltd announced a 17% YoY rise in net profit to ₹3,706 crore in the Oct-Dec quarter of FY2024-25. Shares closed higher ahead of the announcement after Wednesday’s trading session.

The company said it sold a total of 12,24,472 units in the third quarter, a 2 per cent increase over 12,00,997 units in the same period of last fiscal.

India's Bajaj Auto reported a smaller-than-expected third-quarter profit on Tuesday, hurt by lower domestic sales of its motorcycles and three-wheelers, while higher sales of its margin-diluting electric scooters also weighed.