Piramal Enterprises Limited — Updates, 29-07-2025: Press Release
29-07-2025 | 04:06 pm
29-07-2025 | 04:06 pm
Piramal Enterprises (PEL) delivered strong Q1 financial results, with Profit After Tax (PAT) surging 52% YoY to INR 276 Cr. Total Assets Under Management (AUM) expanded 22% YoY to INR 85,756 Cr, led by a 37% YoY jump in Retail AUM to INR 69,005 Cr. The strategic shift to growth businesses is evident with a 93:07 Growth-to-Legacy AUM mix. Quarterly disbursements rose 28% YoY to INR 8,718 Cr, showcasing operational momentum. The impending PEL-PFL merger by September aims to streamline operations and unlock synergies, enhancing future growth prospects. Asset quality remains strong.
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