Piramal Finance (PIRAMALFIN) Q4 24/25 earnings summary

Executive summary

• Audited standalone and consolidated financial results for the year ended March 31, 2025, were approved, with unmodified opinions from joint statutory auditors.

• The company completed a rights issue, increasing paid-up equity share capital by Rs. 60,000 lakhs.

• Transitioned from a Housing Finance Company (HFC) to a Non-Banking Financial Company - Investment and Credit Company (NBFC-ICC) effective April 4, 2025.

Financial highlights

• Standalone total income for FY25 was Rs. 841,441 lakhs, up from Rs. 671,240 lakhs in FY24.

• Standalone net profit for FY25 was Rs. 5,245 lakhs, compared to a net loss of Rs. 191,135 lakhs in FY24.

• Consolidated total income for FY25 was Rs. 846,194 lakhs, up from Rs. 676,926 lakhs in FY24.

• Consolidated net loss for FY25 was Rs. 1,692 lakhs, a significant improvement from a net loss of Rs. 361,563 lakhs in FY24.

• Earnings per share (EPS) for FY25 stood at Rs. 0.02 (standalone) and Rs. (0.00) (consolidated).

Outlook and guidance

• RBI approval was received for a Composite Scheme of Arrangement with the holding company, with NCLT application filed.

• Deferred tax assets recognized based on future taxable profit projections.