Piramal Enterprises Limited has submitted to the Exchange, the financial results for the period ended Jun 30, 2025.
Awaiting price reaction for this filing.
Piramal Enterprises reported Q1 FY26 consolidated total income of Rs. 2,693.53 crore, up about 20% from Rs. 2,249.09 crore a year ago, driven by a 24% jump in interest income to Rs. 2,393.43 crore. Consolidated profit after tax rose to Rs. 276.37 crore from Rs. 181.48 crore, a growth of roughly 52%, with EPS of Rs. 12.22 vs Rs. 8.08. On a standalone basis, however, total income fell to Rs. 500.88 crore from Rs. 568.69 crore, and PAT dropped to Rs. 162.43 crore from Rs. 228.07 crore. The Board also approved issuing redeemable non-convertible debentures of up to Rs. 1,000 crore via private placement between July 2025 and March 2026, and invested Rs. 700 crore in its wholly owned subsidiary Piramal Finance Limited via a rights issue.
Strong consolidated earnings growth and improved profitability on the back of Piramal Finance (the NBFC arm) signal continued business momentum, while the new Rs. 1,000 crore NCD plan will add to debt. Standalone weakness reflects PEL's role as a holding company post the proposed merger with PFL, which is still awaiting NCLT approval.