Piramal Enterprises Q1 Results: Profit increased and AUM grew tremendously, now the company has made a big announcement of raising funds

News Topical, Digital Desk : Pirmala Enterprises Limited (PEL) has released the results for the quarter ended June 30, 2025. During the June quarter, the company performed well on the strength of retail lending business. The company's consolidated assets under management (AUM) has seen a year-on-year growth of 22%. AUM reached Rs 85,756 crore. Along with the results, the company has also informed about getting approval to raise Rs 1,000 crore through non-convertible debentures (NCDs).

The company said that retail AUM has shown a growth of 37% on an annual basis and its share in the total consolidated AUM is up to 80%. Strong performance has also been seen in the wholesale business.

How were the Q1 results of Piramal Enterprises?
If we look at the results, during the June quarter, the consolidated profit of the company has reached Rs 276 crore with a growth of 52% from Rs 181 crore on an annual basis. During this period, the company's income has also increased from Rs 2,227 crore to Rs 2,643 crore on an annual basis. Talking about interest income, it has increased from Rs 733 crore to Rs 901 crore.

What other major updates were received from the results
 

• AUM: Consolidated AUM grew by 22% year-on-year. Retail AUM stood at 37% in this.
• Asset quality: 90+ day delays in retail stable at 0.8%. No delays in Wholesale 2.0.
• Efficiency: Opex-to-AUM of Growth businesses declined 55 basis points to 3.9%.
• Merger: PEL-PFL merger on track to be completed by September 2025.
• Liquidity: Strong position with cash and liquid investments of Rs 9,070 crore.

How was the retail lending business?
The AUM of retail lending was Rs 69,005 crore, of which housing loans and loan against property (LAP) accounted for Rs 47,101 crore. The company operates through 517 branches in 26 states and 428 cities. Piramal talked about focusing on many products.

What is the update on wholesale business?
The AUM of Wholesale 2.0 was Rs 10,425 crore, with an annual growth of 47%. This includes 74% real estate and 26% corporate mid-market loans (CMML). The payment rate remained high due to strong underwriting. The

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