{"id":177497,"date":"2026-01-23T13:42:32","date_gmt":"2026-01-23T18:42:32","guid":{"rendered":"https:\/\/alphastreet.com\/india\/?p=177497"},"modified":"2026-01-26T10:42:09","modified_gmt":"2026-01-26T15:42:09","slug":"piramal-finance-stock-moves-higher-after-sharp-rise-in-q3-fy26-profit","status":"publish","type":"post","link":"https:\/\/alphastreet.com\/india\/piramal-finance-stock-moves-higher-after-sharp-rise-in-q3-fy26-profit\/","title":{"rendered":"Piramal Finance stock moves higher after sharp rise in Q3 FY26 profit"},"content":{"rendered":"\n<p>Piramal Finance Ltd (NSE: PEL) closed at \u20b91,822.10, higher on the day at the market close following the release of its third\u2011quarter financial results.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Market capitalization<\/strong><\/h2>\n\n\n\n<p>Market capitalization stood at approximately \u20b940,664 crore at the close.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Latest quarterly results (Q3 FY26)<\/strong><\/h2>\n\n\n\n<p>\u2022 Consolidated revenue for the quarter was \u20b91,480 crore, up 29% year over year.<\/p>\n\n\n\n<p>\u2022 Net profit after tax stood at \u20b9401 crore, compared with \u20b939 crore in Q3 FY25.<\/p>\n\n\n\n<p>\u2022 Year\u2011over\u2011year net profit growth was driven by scale\u2011up in the retail and wholesale businesses.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Segment highlights<\/strong><\/h2>\n\n\n\n<p>\u2022 Retail assets under management: \u20b979,413 crore, up 34% year over year.<\/p>\n\n\n\n<p>\u2022 Wholesale 2.0 assets under management: \u20b912,047 crore, up 35% year over year.<\/p>\n\n\n\n<p>\u2022 Legacy assets under management: \u20b95,230 crore.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Financial trends<\/strong><\/h2>\n\n\n\n<p><strong>Operating Performance<\/strong><\/p>\n\n\n\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"1536\" height=\"1024\" src=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2026\/01\/1-3.png\" alt=\"\" class=\"wp-image-177709\" srcset=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2026\/01\/1-3.png 1536w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2026\/01\/1-3-300x200.png 300w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2026\/01\/1-3-1024x683.png 1024w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2026\/01\/1-3-768x512.png 768w\" sizes=\"auto, (max-width: 1536px) 100vw, 1536px\" \/><\/figure>\n\n\n\n<p><strong>Market Performance (recent closing prices)<\/strong><\/p>\n\n\n\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"1536\" height=\"1024\" src=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2026\/01\/2-2.png\" alt=\"\" class=\"wp-image-177712\" srcset=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2026\/01\/2-2.png 1536w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2026\/01\/2-2-300x200.png 300w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2026\/01\/2-2-1024x683.png 1024w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2026\/01\/2-2-768x512.png 768w\" sizes=\"auto, (max-width: 1536px) 100vw, 1536px\" \/><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Full\u2011year results context<\/strong><\/h2>\n\n\n\n<p>For the full year, revenue and profitability showed growth compared with the prior year, reflecting expansion in the retail\u2011led lending franchise.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Business &amp; operations update<\/strong><\/h2>\n\n\n\n<p>\u2022 Total assets under management increased to \u20b996,690 crore.<\/p>\n\n\n\n<p>\u2022 Net interest margin expanded to 6.3% during the quarter.<\/p>\n\n\n\n<p>\u2022 Gross non\u2011performing assets were reported at 2.6%, with net NPAs at 1.9%.<\/p>\n\n\n\n<p>\u2022 The company secured long\u2011term funding from multilateral development institutions.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>M&amp;A or strategic moves<\/strong><\/h2>\n\n\n\n<p>\u2022 The company announced the divestment of its stake in Shriram Life Insurance for \u20b9600 crore.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Equity analyst commentary<\/strong><\/h2>\n\n\n\n<p>\u2022 Institutional research summaries referenced the company\u2019s profitability improvement and balance-sheet repositioning following the quarter.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Guidance &amp; outlook<\/strong><\/h2>\n\n\n\n<p>\u2022 Execution of the announced divestment, funding\u2011cost trends, and progress in scaling the retail loan book.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Performance summary<\/strong><\/h2>\n\n\n\n<p>\u2022 Shares closed higher on the day.<\/p>\n\n\n\n<p>\u2022 Q3 FY26 revenue was \u20b91,480 crore, and net profit was \u20b9401 crore.<\/p>\n\n\n\n<p>\u2022 Retail and wholesale portfolios remained the primary contributors to growth.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Piramal Finance Ltd (NSE: PEL) closed at \u20b91,822.10, higher on the day at the market close following the release of its third\u2011quarter financial results. Market capitalization Market capitalization stood at approximately \u20b940,664 crore at the close. Latest quarterly results (Q3 FY26) \u2022 Consolidated revenue for the quarter was \u20b91,480 crore, up 29% year over year. [&hellip;]<\/p>\n","protected":false},"author":2402,"featured_media":125269,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[1941,392,1],"tags":[8265],"class_list":["post-177497","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-stock-analysis","category-earnings","category-finance-stocks","tag-finance"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2021\/10\/Earnings-Coverage.jpg","jetpack_likes_enabled":false,"jetpack-related-posts":[{"id":177401,"url":"https:\/\/alphastreet.com\/india\/home-first-finance-company-india-ltd-shares-rise-after-q3-fy26-results-show-higher-revenue-and-profit\/","url_meta":{"origin":177497,"position":0},"title":"Home First Finance Company India Ltd shares rise after Q3 FY26 results show higher revenue and profit.","author":"Staff Correspondent","date":"January 23, 2026","format":false,"excerpt":"Home First Finance Company India Ltd. 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The Chennai-based defense and aerospace electronics systems provider reported higher quarterly revenue and profit for the quarter ended December 31, 2025. As\u2026","rel":"","context":"In &quot;LATEST&quot;","block_context":{"text":"LATEST","link":"https:\/\/alphastreet.com\/india\/category\/latest\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":181265,"url":"https:\/\/alphastreet.com\/india\/rathi-steel-and-power-reports-higher-quarterly-income-and-profit-for-q3-fy26\/","url_meta":{"origin":177497,"position":2},"title":"Rathi Steel And Power reports higher quarterly income and profit for Q3 FY26","author":"Staff Correspondent","date":"February 18, 2026","format":false,"excerpt":"Rathi Steel And Power Ltd (BSE: 504903) shares ended lower on Wednesday, following the disclosure of its third-quarter financial results. The stock closed at 22.15, a decline of 0.09% from the previous session's close. Market Capitalization The market capitalization of Rathi Steel And Power Ltd stood at INR 191.29 crore\u2026","rel":"","context":"In &quot;LATEST&quot;","block_context":{"text":"LATEST","link":"https:\/\/alphastreet.com\/india\/category\/latest\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":177519,"url":"https:\/\/alphastreet.com\/india\/karur-vysya-bank-shares-rise-after-q3-fy26-profit-growth\/","url_meta":{"origin":177497,"position":3},"title":"Karur Vysya Bank shares rise after Q3 FY26 profit growth","author":"Staff Correspondent","date":"January 23, 2026","format":false,"excerpt":"The Karur Vysya Bank Limited (NSE: KARURVYSYA) closed at \u20b9265.00, up 0.90% at the close of trading, after reporting third-quarter results for fiscal 2026. 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Latest quarterly results (Q3 FY26) \u2022 Consolidated total income (Q3 FY26): \u20b92,741 crore. \u2022 Net profit (Q3 FY26): \u20b9476 crore.\u2026","rel":"","context":"In &quot;Analysis&quot;","block_context":{"text":"Analysis","link":"https:\/\/alphastreet.com\/india\/category\/stock-analysis\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":177050,"url":"https:\/\/alphastreet.com\/india\/bank-of-india-shares-closed-lower-after-q3-fy26-results-briefing\/","url_meta":{"origin":177497,"position":4},"title":"Bank of India shares closed lower after Q3 FY26 results briefing","author":"Staff Correspondent","date":"January 22, 2026","format":false,"excerpt":"Bank of India Ltd (NSE: BANKINDIA; BSE: 532149) closed at \u20b9157.0 on Wednesday, down about 1% from the previous close, following the bank\u2019s analyst briefing on its third-quarter FY26 financial performance. 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Intraday movement showed the stock trading higher by about 2.2% at the last available close. 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