Executive Summary Q3 FY21

Executive summary - Q3 FY21 Subsidiaries B BAJAJ FINSERV 42. Bajaj Housing Finance Ltd (BHFL) profit after tax contracted by 24% to 99 crore in Q3 FY21 against 131 crore in Q3 FY20 due to higher provisioning. 43. BHFL'S AUM increased by 18% to 35,492 crore as of 31 Dec 2020 from 30,035 crore as of 31 Dec 2019. 44. BHFL's Net Interest Income for Q3 FY21 increased by 15% to 329 crore from 285 crore in Q3 FY20. 45. BHFL's Opex to NII improved to 26.4% in Q3 FY21 as against 33.7% in Q3 FY20. 46. During the quarter, BHFL has further increased its provision on stage 1 and 2 assets by 72 crore taking the overall contingency provision to 292 crore as of 31 Dec 2020. 47. Bajaj Financial Securities Ltd (B Finsec) made a net profit of 0.7 crore in Q3 FY21. 11

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