Piramal Finance's Q2 FY 2025-26 Quarterly Results

Result Summary

• Piramal Finance Ltd reported a 7.8% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Sep (Q2 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a growth of 18.3%.
• Its expenses for the quarter were up by 3.2% QoQ and 24.7% YoY.
• The net profit increased 18.3% QoQ and increased 100.6% YoY.
• The earnings per share (EPS) of Piramal Finance Ltd stood at 14.26 during Q2 FY 2025-26.

Financial Statments for Q2 FY 2025-26

Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

Company Overview

Piramal Finance Ltd operates as a prominent entity in the financial services sector, primarily involved in providing a range of financial solutions. The company is known for its diverse offerings, which include lending services, asset management, and advisory services. Piramal Finance Ltd plays a significant role in the financial market by catering to both retail and institutional clients. As of the current available data, there are no specific major developments noted for the company in recent quarters. However, its operations continue to focus on financial innovation and customer-centric services to maintain its competitive edge in the industry.

Revenue

During the second quarter of the fiscal year 2026 (Q2FY26), Piramal Finance Ltd reported a total income of ₹2,900.27 crores. This marks an increase of 7.8% quarter-over-quarter (QoQ) from ₹2,690.11 crores in the first quarter of fiscal year 2026 (Q1FY26), and an 18.3% year-over-year (YoY) growth from ₹2,451.93 crores in the same quarter of the previous year (Q2FY25). The upward trajectory in revenue over both the quarter and the year suggests a positive momentum in income generation capabilities. The consistent growth in total income reflects the company's robust strategies to enhance its revenue streams across different financial products and services.

Profitability

The profit before tax for Piramal Finance Ltd in Q2FY26 was reported at ₹186.28 crores, which represents a decrease of 16.3% QoQ from ₹222.67 crores in Q1FY26. Despite the quarterly decline, there was a 19.4% YoY increase from ₹155.95 crores in Q2FY25. The tax provision for Q2FY26 was notably a negative figure of ₹-77.59 crores, contrasting with the positive tax expenses in previous periods, which significantly impacted the profit after tax (PAT). The PAT for Q2FY26 stood at ₹326.99 crores, demonstrating an 18.3% increase QoQ from ₹276.37 crores and a significant 100.6% YoY increase from ₹162.97 crores. This remarkable YoY PAT growth is further reflected in the earnings per share (EPS), which rose to ₹14.26 in Q2FY26 from ₹7.15 in Q2FY25, marking a 99.4% YoY increase.

Operating Metrics

In Q2FY26, Piramal Finance Ltd experienced a rise in total expenses, which amounted to ₹2,781.05 crores. This reflects a 3.2% increase compared to the previous quarter's expenses of ₹2,694.27 crores and a 24.7% increase from ₹2,229.48 crores in Q2FY25. The increase in expenses over both the quarter and the year indicates a trend of rising operational costs, which the company must manage alongside revenue growth. Despite the increased expenses, the company successfully reported substantial profit after tax growth due to the unusual tax provision outcome this quarter. The financial data provided does not include sufficient detail to calculate specific financial ratios such as P/E ratio, debt-to-equity ratio, or current ratio as these require additional market data or balance sheet information.