Religare Enterprises' Q1 FY 2026-27 Quarterly Results

Result Summary

• Religare Enterprises Ltd reported a 4.6% quarter-on-quarter (QoQ) decrease in its consolidated revenues for the quarter-ended Jun (Q1 FY 2026-27). On a year-on-year (YoY) basis, it witnessed a growth of 26.0%.
• Its expenses for the quarter were up by 2.9% QoQ and 30.1% YoY.
• The net profit decreased 149.1% QoQ and decreased 675.0% YoY.
• The earnings per share (EPS) of Religare Enterprises Ltd declined at 0.78 during Q1 FY 2026-27.

Financial Statments for Q1 FY 2026-27

Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

Company Overview

Religare Enterprises Ltd is a diversified financial services group with a focus on providing integrated financial solutions to its clients. The company's main services include lending, insurance, asset management, and wealth management. Religare operates within the financial services industry, catering to a diverse customer base that includes retail investors, high-net-worth individuals, and corporate clients. As of the most recent data, there are no specific major developments available for the company. Thus, the analysis provided here is based solely on the financial data at hand.

Revenue

For Q1FY27, Religare Enterprises Ltd reported a total income of ₹2358.43 crores. This represents a decrease of 4.6% compared to the previous quarter (Q4FY26), where the total income was ₹2473.30 crores. However, when compared on a year-over-year basis, there was a significant increase of 26.0% from Q1FY26, which registered a total income of ₹1871.69 crores. This fluctuation in revenue highlights the quarterly and annual performance trends over the periods in review.

Profitability

Religare Enterprises Ltd's profitability metrics indicate a challenging quarter. The company reported a loss before tax of ₹76.73 crores in Q1FY27, a significant downturn from a profit of ₹127.17 crores in the previous quarter (Q4FY26). This change represents a quarter-over-quarter decline of 160.3%. Year-over-year, the decline is even more pronounced, with a 1439.1% decrease compared to a modest profit of ₹5.73 crores in Q1FY26. The profit after tax for Q1FY27 was a loss of ₹46.98 crores, compared to a profit of ₹95.65 crores in Q4FY26, marking a 149.1% decline. On a year-over-year basis, the change was -675.0% from a profit of ₹8.17 crores in Q1FY26. Earnings per share also reflected this trend with a negative value of ₹-0.78, compared to ₹2.47 in the previous quarter and ₹0.31 a year ago.

Operating Metrics

The total expenses for Q1FY27 amounted to ₹2452.01 crores, which represents a 2.9% increase from the previous quarter's expenses of ₹2383.33 crores. On a year-over-year basis, expenses increased by 30.1% from ₹1885.30 crores in Q1FY26. The tax component for Q1FY27 was a negative ₹29.75 crores, contrasting sharply with the positive tax of ₹31.52 crores in Q4FY26 and ₹-2.44 crores in Q1FY26, highlighting a YoY change of 1119.3%. These metrics provide insights into the company's operational efficiency and cost management over the specified periods.