PEL Piramal Enterp. Q2 FY25 results (Jul–Sep 2024) and concall
Piramal Enterprises continues its structural transformation, with the 'Growth' business now dominating the portfolio at 84% of AUM. While the company is navigating a challenging retail credit environment—particularly in unsecured and digital loans—it is successfully offsetting rising credit costs through NIM expansion and operating leverage. Management remains committed to running down the legacy wholesale book to under 10% of AUM by March 2025 and achieving a 3% ROA by FY28.
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What they filed
Q2 FY25: revenue down 6.6%, net profit up 3766.7% against the same quarter last year.
| Line item | Q2 FY24 | Q3 FY24 | Q4 FY24 | Q1 FY25 | Q2 FY25 |
|---|---|---|---|---|---|
| Revenue | 527 | 636 | 1,421 | 557 | 492 −7% |
| Net profit | 3 | -1,060 | 954 | 228 | 116 +3767% |
How to read this
₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.
Inve summary of a publicly available earnings call transcript; see how call summaries are prepared. Not investment advice.
