Piramal Finance reports Q1 FY27 profit rising 67% to ₹461Cr

Business Jul 16, 2026

Piramal Finance just had a standout first quarter of fiscal 2027, with profits jumping 67% to ₹461 crore compared to last year.

This boost came from higher interest income and better earnings from its core business.

Piramal Finance board approves ₹4,000Cr raise

The board has greenlit raising up to ₹4,000 crore soon to fuel future growth.

Assets under management grew 25% to over ₹1 lakh crore, with housing loans now making up nearly one-third of the total.

Plus, the company's bad loan ratios have improved, meaning its finances are looking healthier all around.