Religare Enterprises Limited — Investor Meet, 20-02-2026: Analysts/Institutional Investor Meet/Con. Call Updates

Religare Enterprises' Q3 FY26 consolidated income reached INR2,067.9 Cr, though one-time provisions led to a negative PBT of INR103.1 Cr. Care Health Insurance (full premium basis) delivered a strong PBT of INR265 Cr, with retail health growing 41%. Religare Broking saw revenue rise 12% to INR91 Cr and PBT jump to INR6.6 Cr. Religare Finvest reported INR39.6 Cr income and INR1.2 Cr PAT.

Strategically, REL is demerging its financial services into Religare Finvest (RFL), to be listed, with a 1:1 share issuance. This move targets unlocking shareholder value and focused growth for distinct insurance and financial services businesses, supported by capital raises and new leadership. Management expressed confidence in future expansion.