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

Finance · 2 updates

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

Shares of Piramal Finance jumped nearly 4% on Wednesday to hit day’s high of Rs 2,018 on the NSE after the company reported a 67% year-on-year increase in its Q2 profit to Rs 545 crore, compared with Rs 327 crore in the year-ago period. Net interest income (NII) rose 35% YoY to Rs 1,530 crore, from Rs 1,132 in the same quarter last year.According to a filing with the exchange, the profit after tax in H1 FY2027 stands at Rs 1,006 crore. Assets Under Management (AUM) increased 24% yoy to Rs 1.13 lakh crore, driven by 30% yoy increase in growth AUM, which excludes the discontinued legacy business

Mankind Pharma shares jump 8% as Q2 profit rises 38% to Rs 716 crore

Mankind Pharma shares jumped nearly 8% on Tuesday to an intraday high of Rs 2,500 on the NSE after the company reported a 38% year-on-year rise in Q2 profit after tax (PAT) to Rs 716 crore, while revenue grew 17% over the same period.According to an exchange filing, the company posted a 37.7% rise in profit to Rs 716 crore in the September quarter, from Rs 520.2 crore in the year-ago period, driven by strong business growth in domestic and international markets.Also Read | Mankind Pharma Q2 profit rises 38% to Rs 716 croreRevenue from operations rose to Rs 4,337.9 crore during the quarter unde

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