Piramal Finance Q1 profit surges 67%; board clears ₹4,000 crore fundraising plan

Piramal Finance announced its Q1 FY27 results, showing a total income of ₹1,693 crore, marking a 36.9% increase compared to the previous year. Profit after tax (PAT) climbed by 67% to reach ₹461 crore. During the same period, Net Interest Income (NII) grew by 42.8% to ₹1,442 crore, and Assets Under Management (AUM) expanded by 25% to ₹1,06,940 crore. Additionally, the board of directors has given the green light to raise as much as ₹4,000 crore to fund upcoming growth initiatives.

by shortkt.com
5 hours ago
Piramal Finance Q1 profit surges 67%; board clears ₹4,000 crore fundraising plan | ShortKT