Piramal Finance Limited announced its Unaudited Financial Results (Standalone & Consolidated) for the quarter and nine months ended December 31, 2025. The company's Board of Directors approved these results on January 23, 2026. For the third quarter of FY26, Piramal Finance reported a total income of ₹2,975.09 crore, with revenue from operations standing at ₹2,917.68 crore. The profit for the period was ₹401.01 crore, and total comprehensive income was ₹398.45 crore. Earnings per share (EPS) for the quarter were ₹17.69 on a basic basis and ₹17.50 on a diluted basis. Over the nine-month period ended December 31, 2025, the company achieved a total income of ₹8,565.47 crore and revenue from operations of ₹8,428.48 crore. The profit for this period was ₹1,004.37 crore, with total comprehensive income at ₹942.07 crore. The basic and diluted EPS for the nine months were ₹44.34 and ₹43.87, respectively. The financial results reflect the impact of the Composite Scheme of Arrangement between Piramal Finance Limited and its holding company, Piramal Enterprises Limited (PEL), which became effective on September 16, 2025. Comparative figures have been restated to account for this amalgamation, which was treated as a reverse acquisition. Notable items in the financial disclosures include amalgamation-related costs and compensation for tax matters of an erstwhile subsidiary, amounting to ₹59 crore and ₹22 crore, respectively, for the nine-month period. The company also recognized deferred tax assets of ₹2,740.32 crore as of December 31, 2025. In a significant development, Piramal Finance has entered into a share purchase agreement to sell its 14.72% equity stake in Shriram Life Insurance Company Ltd for ₹600 crore. This transaction is expected to close in the quarter ending March 31, 2026, subject to regulatory approvals. The company also disclosed its debt-equity ratio of 2.71 and total debts to total assets ratio of 0.72 as of December 31, 2025. The secured listed non-convertible debentures outstanding amounted to ₹28,764.61 crore.
