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Wednesday, October 21, 2026Updated 13:12 UTC

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Piramal Finance shares jump 4% as Q2 profit rises 67% YoY to Rs 545 crore, NII jumps 35% YoY

Source: Economic Times · Oct 21, 2026 06:34 UTC

Wall Street in New York's Financial District with flags hanging from buildings — File photo Carol M. Highsmith / Library of Congress · Public domain · Source

The Quick Take

Piramal Finance shares rose nearly 4% after Q2 FY27 net profit surged 67% year-on-year to Rs 545 crore. Assets under management grew 24%, while retail disbursements increased 34%. The company strengthened its capital base, expanded AI adoption, improved operational efficiency, and appointed former SBI Chairman Dinesh Kumar Khara as Independent Director.

Read the full story at Economic Times

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