Piramal Finance Q2 Net Profit Rises 67% to ₹545 Crore
Piramal Finance reported September-quarter net profit of ₹545 crore, up 67%, and guided toward NIM expansion.
Non-bank lender Piramal Finance said on Monday that net profit rose 67 per cent to ₹545 crore in the September quarter, supported by growth in core income and lower costs. Core net interest income increased 35 per cent to ₹1,530 crore, as assets under management grew 24 per cent.