BusinessPhoto: Business StandardPiramal Finance Q2 Net Profit Rises 67% to ₹545 Crore
Piramal Finance reported a 67% increase in net profit to ₹545 crore for Q2FY27, driven by a 35% rise in core net interest income to ₹1,530 crore. Assets under management grew 24%, and net income margin expanded to 6.5%. The cost-to-income ratio improved to 52.1%. CEO Jairam Sridharan highlighted confidence in margin expansion despite rising interest rates, aided by a recent rating upgrade.
Business Standard·


