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.

Bajaj Finance advanced 5.15% to Rs 8,157.80 after the NBFC's consolidated net profit jumped 16.69% to Rs 4,246.54 crore on 27.46% rise in total income to Rs 1,8058.32 crore in Q3 FY25 over Q3 FY24.

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

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 rise in 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.