Piramal Finance Q2 FY27 Results: Profit Jumps 67% To ₹545 Crore, Retail Assets Grow And Company Raises ₹3,850 Crore
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Piramal Finance’s Q2 FY2026–27 results showed PAT rising 67% YoY to ₹545 crore. Retail AUM also grew by 30% over the same period. The company also raised ₹3,850 crore and reported wider adoption of AI across its operations.
In a regulatory filing to the stock exchanges, Piramal Finance Limited reported profit after tax (PAT) of ₹545 crore for the second quarter of financial year 2026-27 (Q2 FY27), up 67% from ₹327 crore a year earlier.
For the first half of FY27, PAT increased 67% to ₹1,006 crore. The company also announced it had a growing customer base and was seeing continuous growth in its retail-led operations.
On the reported date, i.e. 19 October 2026, the Piramal Finance share price closed at ₹1,948.70, down 0.08% on the National Stock Exchange (NSE). The stock opened at ₹1,960 against its previous close price of ₹1,950.30.
Piramal Finance Q2 Results: Financial Highlights
Net interest income (NII) rose 35% year-on-year (YoY) to ₹1,530 crore, while total income increased 33% to ₹1,767 crore. Pre-provision operating profit (PPOP) climbed 64% to ₹846 crore.
The net income margin (NIM) expanded by 35 basis points (bps) to 6.5%, while the cost-to-income ratio improved to 52.1% from 61.2% a year earlier.
The company’s consolidated assets under management (AUM) reached ₹1,13,112 crore, up 24% YoY. Retail AUM rose 30% to ₹97,462 crore, while wholesale AUM grew 24% to ₹13,978 crore. Retail disbursements increased 34% to ₹14,646 crore.
Equity Capital Raise Supports Retail-Led Growth
Piramal Finance raised ₹3,850 crore through a qualified institutional placement (QIP) of ₹2,100 crore and a preferential allotment of ₹1,750 crore in warrants to its promoter group.
The company said the funds would strengthen its capital base and support future retail-led expansion. Its customer franchise grew 26% to 6.5 million, supported by a network of 838 branches across 621 cities in 25 states.
AI Drives Productivity And Customer Engagement
The company reported that generative artificial intelligence (GenAI) usage increased more than fivefold YoY. Token consumption also rose to 476 billion in Q2 FY27.
- AI generated 57% of its overall code.
- Voice AI supported ₹102 crore in cross-sell disbursements.
Monthly hands-free collections rose to ₹754 crore from ₹300 crore a year earlier. The company also said automated channels handled 74% of customer resolutions.
Piramal Finance: Business Overview And Leadership Update
Piramal Finance is a retail-focused upper-layer non-banking financial company (NBFC) with operations across India. As of 30 September 2026, it managed AUM of more than ₹1.10 lakh crore. Its phygital model combines customer engagement across more than 13,000 PIN codes with technology such as machine learning (ML), agentic AI tools and real-time dashboards.
The company offers retail loans across affordable housing, loans against property, gold loans, microfinance, used cars and personal finance, alongside insurance solutions and small-business credit.
Alongside its Q2 FY27 results, the company announced the appointment of Dinesh Kumar Khara, former Chairman of the State Bank of India (SBI), as an independent director for a five-year term.
This article is for informational purposes only and should not be considered investment advice from Kotak Neo. For compliance T&C and disclaimers, Visit www.kotakneo.com/disclaimer
Vishwa has spent 10+ years across fintech and FMCG doing what most people miss, connecting the dots, catching trends before they trend, and finding the angle nobody else thought to ask about.
At Kotak Neo, she drives content strategy for neoshorts, Kotak News Desk, and Investing Guide, turning market noise into something worth reading.
When she's not decoding markets, she trades charts for canvases, chasing art, painting, and architecture across cities she's yet to explore.
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