Results - Announcements
Piramal Finance Ltd share price declined by 1.31% to Rs 1949.65. The Company's net profit registered a growth of 18.32% to Rs 545.42 crore, while revenue from operations gained 10.77% to Rs 3607.15 crore in Q3FY26 over Q2FY26.
The market capitalization of Housing Finance Company industry group stocks on BSE stood at Rs 2.88 lakh crore, slipping 1.57%. It has eased by 1.31% over last one week and declined by 8.97% in last one month while the market capitalization of Piramal Finance Ltd has slipped by 2.18% and 6.78% in the same period respectively.
Profit before tax (PBT) of Piramal Finance Ltd stood at Rs 580.03 crore in Q3 FY26, expanding by 132.57% year-on-year, and jumping 30.94% quarter-on-quarter. EBITDA came in at Rs 486 crore, rallying 37.36% YoY and surging by 74.92% sequentially.
Total expenses grew marginally by 3.28% to Rs 3174.02 crore in Q3FY26 over Q3FY25. During the quarter, employee benefits expense was at Rs 520.28 crore, easing 3.20% YoY.
For the TTM ended FY26, revenue from operations witnessed a strong growth of 23.62% to Rs 11253.27 crore, while net profit soared by 210.26% to Rs 1506.14 crore, compared to previous TTM. EBITDA witnessed a strong improvement of 72548% to Rs 493.37 crore, and PBT surged 114.47% to Rs 1383.08 crore compared to previous TTM.
Piramal Finance Ltd jumped 46.21% in last one year, significantly outperforming the benchmark BSE Sensex which has declined by 10.47% during the same period.