Piramal Finance Raises ₹3,850 Crore via QIP and Promoter Warrants to Fuel Retail Growth
Piramal Finance Limited has secured a total capital infusion of ₹3,850 crore through a combination of a Qualified Institutions Placement and a proposed preferential allotment to promoters. The capital raise is designed to strengthen the company's balance sheet and provide the necessary equity buffer to support its next phase of retail-led growth across India.
Piramal Finance Board Approves ₹4,000 Crore Fund Raise and Reports Strong Q1 Results
Piramal Finance has received board approval to raise up to ₹4,000 crore through various instruments including equity shares, convertible securities, and non-convertible debentures. The decision was announced alongside a strong quarterly performance, with consolidated net profit for Q1 FY2026 rising to ₹460.98 crore.
Piramal Finance FY26 PAT Surges 210% to ₹1,506 Cr as Retail AUM Crosses ₹1 Lakh Cr
Piramal Finance Limited reported a transformative fiscal year 2026, achieving a consolidated PAT of ₹1,506 crore and crossing the ₹1 lakh crore AUM milestone. The company has successfully pivoted to a retail-heavy model, which now accounts for 85% of its total assets under management.
Piramal Finance Hits ₹1 Lakh Cr AUM; Annual Net Profit Surges 210% to ₹1,506 Cr
Piramal Finance Limited reached a significant milestone in FY26, crossing ₹1,01,230 crore in Assets Under Management with 25% year-on-year growth. The company successfully transitioned its portfolio to an 85% retail mix, leading to a substantial 210% surge in consolidated net profit to ₹1,506 crore, exceeding previous management guidance.