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PIPIRAMALFIN

Piramal Finance Q3 FY26 results (Oct–Dec 2025) and concall

Financial Services · Concall AI · Call held 23 Jan 2026

Piramal Finance delivered a strong Q3 FY26, marked by robust AUM growth, significant PAT increase, and a pivotal AA+ credit rating upgrade. The company saw margin expansion and improved operating leverage, with retail opex to AUM reducing. While retail disbursements were flat QoQ, management expects a rebound in Q4, alongside strategic branch expansion and continued focus on asset quality, particularly in LAP and used car segments.

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What they filed

Q3 FY26: revenue up 3.7%, net profit up 473.9% against the same quarter last year.

₹ Cr · quarterly
Line itemQ3 FY25Q4 FY25Q1 FY26Q2 FY26Q3 FY26
Revenue2,810 2,860 2,658 2,843 2,913 +4%
EBITDA1,465 1,338 1,757 1,940 1,950 +33%
Net profit69 64 263 278 396 +474%
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.