Religare Enterprises' Q2 FY 2025-26 Quarterly Results

Result Summary

• Religare Enterprises Ltd reported a 11.3% 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 5.7%.
• Its expenses for the quarter were up by 10.3% QoQ and 8.7% YoY.
• The net profit increased 462.2% QoQ and decreased 32.9% YoY.
• The earnings per share (EPS) of Religare Enterprises Ltd stood at 1.15 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

Religare Enterprises Ltd is a diversified financial services group based in India. The company offers a range of services including loans, asset management, and insurance. Religare operates primarily in the financial services industry, providing a wide array of products that cater to both individual and institutional customers. The company's mission focuses on financial inclusion and providing comprehensive financial solutions. Recent developments regarding the company are not available within the provided data, but it is known that Religare continues to expand its offerings and reach within the financial services sector.

Revenue

During the second quarter of the fiscal year 2026 (Q2FY26), Religare Enterprises Ltd reported a total income of ₹2082.69 crores, marking an increase from ₹1871.69 crores in the first quarter of fiscal year 2026 (Q1FY26) and ₹1970.97 crores in the second quarter of fiscal year 2025 (Q2FY25). This represents a quarter-over-quarter (QoQ) growth of 11.3% and a year-over-year (YoY) growth of 5.7%. The increase in revenue reflects the company's ability to generate higher income over both the previous quarter and the same quarter of the previous year.

Profitability

In terms of profitability, Religare Enterprises Ltd reported a profit before tax of ₹57.45 crores in Q2FY26, which is a substantial increase from ₹5.73 crores in Q1FY26, although it showed a decline from ₹67.44 crores in Q2FY25. The QoQ growth in profit before tax is a significant 902.6%, while YoY comparison shows a decrease of 14.8%. The tax expense for Q2FY26 was ₹11.52 crores, contrasting with a tax benefit of ₹2.44 crores in Q1FY26 and a tax benefit of ₹1.06 crores in Q2FY25. Consequently, the profit after tax for Q2FY26 stood at ₹45.93 crores, up from ₹8.17 crores in Q1FY26 but down from ₹68.49 crores in Q2FY25. This translates to a QoQ increase of 462.2% and a YoY decrease of 32.9%.

Operating Metrics

Religare Enterprises Ltd's earnings per share (EPS) for Q2FY26 was ₹1.15, which is an increase from ₹0.31 in Q1FY26 but a decline from ₹1.54 in Q2FY25. The EPS growth is reflected in the QoQ increase of 271.0%, but shows a YoY decrease of 25.3%. Total expenses for Q2FY26 reached ₹2079.17 crores, up from ₹1885.30 crores in Q1FY26 and ₹1913.53 crores in Q2FY25, indicating a QoQ increase of 10.3% and a YoY increase of 8.7%. This data provides insight into the company's financial operations over the quarters, highlighting both cost management and revenue generation capabilities.