Piramal Enterprises Limited has informed the Exchange regarding a press release dated 29th July, 2025, titled "Press Release ".".
Awaiting price reaction for this filing.
Piramal Enterprises reported its Q1 FY2026 (quarter ended 30 June 2025) results, posting a 52% YoY jump in consolidated Profit After Tax to INR 276 Cr, up from INR 181 Cr a year ago. Profit Before Tax rose 21% YoY to INR 301 Cr. Total Assets Under Management (AUM) grew 22% YoY to INR 85,756 Cr, with the Growth-to-Legacy mix now at 93:07, reflecting the success of its strategic shift away from legacy wholesale loans. Retail AUM climbed 37% YoY to INR 69,005 Cr (80% of total AUM), while Wholesale 2.0 AUM grew 47% YoY to INR 10,425 Cr. Asset quality remained stable with GNPA at 2.8% and NNPA at 2.0%, and growth business credit costs declined to 1.4% from 1.8% in Q4 FY25. The company also flagged that the PEL-PFL merger is expected to be completed by September 2025, with net worth of INR 27,174 Cr and INR 9,070 Cr in cash and liquid investments.
Strong profit growth, improving business mix, and steady asset quality are positive signals for shareholders. The upcoming PEL-PFL merger could unlock further synergies and sharpen strategic focus, while a healthy net worth and liquidity buffer support confidence in continued growth.