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Religare Enterprises Q2 FY26 results (Jul–Sep 2025) and concall

Financial Services · Concall AI · Call held 19 Nov 2025

Religare Enterprises Limited reported a mixed Q2 FY26, with consolidated total income growing 5.63% YoY to INR2,082 crores, but PAT declining 33.09% YoY to INR45.9 crores. Care Health Insurance showed strong profitability growth of 113.25% in H1 FY26 and improved combined ratio. Religare Finvest became debt-free with a high CRAR, while Religare Broking and Housing Finance faced revenue declines and losses respectively. The company is focused on leveraging recent capital infusion and strategic initiatives for future growth across its subsidiaries.

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What they filed

Q2 FY26: revenue down 73.9%, net profit down 33.3% against the same quarter last year.

₹ Cr · quarterly
Line itemQ2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Revenue23 10 10 9 6 −74%
EBITDA76 -61 237 15 67 −12%
Net profit69 -63 151 8 46 −33%
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.