Q2 profit rises 67%; FY27 profit growth guidance retained
PIRAMALFIN · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 2.4 pts less than Nifty Midcap 150 and 3.0 pts less than its Non Banking Financial Company (NBFC) peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Q2 FY27 profit after tax rose 67% year on year to INR545 crore, while first-half profit crossed INR1,000 crore. Total assets under management rose 24% to INR113,112 crore, and the company raised INR3,850 crore. Asset quality remained stable. Management expects a 2.5% return on managed assets in Q4.
Profit and asset growth may support sentiment, but draft insurance commission rules could limit FY28 margin gains despite lower funding costs.