* Religare Enterprises Limited (REL) held an earnings call on November 14, 2025, to discuss the operational and financial performance for the quarter and half-year ended September 30, 2025. * The call highlighted REL's transformation, new promoters (Burman Group), and a focus on profitable growth, sustainability, and compliance. * Board has been significantly strengthened with the addition of three nominee directors and three members of Burman family are expected to join the board soon, subject of course to regulatory approvals. * Care Health Insurance (63.2% owned by REL) reported a GWP of over ₹9,200 crore in FY'25 and H1 top line of ₹5,100 crore with 19% growth. Profitability for H1 increased by more than 100% to ₹177 crore. * Religare Broking Limited (RBL), a wholly-owned subsidiary, reported a top line of ₹89.6 crore for the quarter. * Religare Finvest Limited (RFL), also a wholly-owned subsidiary, is now debt-free with a CRAR of 197.6% and net NPA of around 1%. The corrective action plan (CAP) on RFL has been removed. * Religare Housing Finance Corporation (87.5% owned by RFL) has an AUM of ₹245 crore and is focused on affordable housing. * Management is evaluating various options which can add value to the shareholders.
