Piramal Finance PAT ₹545 Cr in Q2 FY27, up 67% YoY
Piramal Finance Limited reported a Profit After Tax (PAT) of ₹545 crore for Q2 FY2027, marking a significant 67% year-on-year increase. For the first half of FY2027 (H1 FY2027), PAT reached ₹1,006 crore, also up 67% YoY. The company's Assets Under Management (AUM) grew by 24% YoY to ₹1,13,112 crore, with retail AUM showing a strong 30% YoY increase. Retail disbursements rose 34% YoY to ₹14,646 crore. Piramal Finance successfully raised ₹3,850 crore through a QIP and preferential allotment to bolster its capital base for future retail-led growth. Additionally, the company announced the appointment of Mr. Dinesh Kumar Khara as an Independent Director. Asset quality remained stable with GNPA at 2.4% and NNPA at 1.7%. Moody's Ratings upgraded Piramal Finance's rating to 'Ba2' from 'Ba3' with a 'Stable' outlook.
Key Highlights
- PAT surged 67% YoY to ₹545 Cr in Q2 FY2027; H1 FY2027 PAT at ₹1,006 Cr.
- AUM increased 24% YoY to ₹1,13,112 Cr, driven by 30% YoY growth in retail AUM.
- Successfully raised ₹3,850 Cr to strengthen capital base for retail growth.
- Moody's upgraded rating to 'Ba2' from 'Ba3' with a 'Stable' outlook.
- Appointed former SBI Chairman Dinesh Kumar Khara as Independent Director.
Price Impact
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