Piramal Finance reported a strong Q1 FY27 with net profit up 67% to ₹461 crore. Total income rose 37% YoY, driven by a retail AUM growth of 32%. The company also launched its gold loan business.
Piramal Finance Sees Robust Q1 FY27 Growth, Profit Up 67%
Net Profit: ₹461 crore
Total Income: ₹1,693 crore
Reader Takeaway: Strong profit growth and retail AUM expansion signal successful strategy. Gold loan launch adds new avenue. Risks include maintaining asset quality.
