- All
- Important
- Financial Update
- Fund Raise
- Board Meeting
- Dividend/Bonus
- JV/Acquisition
- Investor Meet
- Insider Trade
- Pledging
- Others
Loading...
Piramal Enterprises (PEL) had a strong Q1 FY26. Consolidated AUM grew 22% YoY to INR85,700 Cr, with Retail AUM up 37% forming 80% of the book. Net Profit surged 52% YoY to INR276 Cr, and NIM hit 5.9%. Growth business credit costs declined to 1.4%. The merger with Piramal Finance is set for September, aiming for a simplified structure and capital boost. Management is on track to meet FY26 targets, navigating segments cautiously (e.g., cutting unsecured MSME disbursements) while maintaining a confident, adaptive outlook.