Prime Securities Q1 FY27: Revenue Up, PBT Turns Positive

Prime Securities Ltd reported unaudited consolidated results for Q1 FY27, with revenues at INR 3,368 lakhs, an increase from INR 3,078 lakhs in Q4 FY26 but lower than INR 4,691 lakhs in Q1 FY26. The company achieved a consolidated Profit Before Tax (PBT) of INR 639 lakhs, a significant turnaround from a loss of INR 594 lakhs in Q4 FY26 and INR 1,646 lakhs in Q1 FY26. This improvement was partly offset by higher employee expenses due to the ramp-up of its wealth management vertical, Trigen Wealth, which incurred a PBT loss of INR 1,082 lakhs. Consolidated Profit After Tax (PAT) stood at INR 236 lakhs, compared to a loss in the previous quarters. The company highlighted the strategic investment in Trigen Wealth, aiming for annuity revenue streams, with AUM/AUA crossing INR 5,000 Cr and an expected break-even in five to six quarters. Cash and investments were approximately INR 270 Cr.