Piramal Finance Q2 net profit soars 67% to Rs 545 crore
60-Word AI Digest
Piramal Finance’s assets under management grew 24% to Rs 1.13 lakh crore, led by a 30% rise in retail AUM. Net interest income increased 35%, while its net interest margin expanded 35 basis points to 6.5%.
Key Takeaways
- Piramal Finance’s assets under management grew 24% to Rs 1.13 lakh crore, led by a 30% rise in retail AUM.
- Net interest income increased 35%, while its net interest margin expanded 35 basis points to 6.5%.
- Full details and original dispatch available below.
Piramal Finance’s assets under management grew 24% to Rs 1.13 lakh crore, led by a 30% rise in retail AUM. Net interest income increased 35%, while its net interest margin expanded 35 basis points to 6.5%.
Original Publisher Attribution
This summary was curated from Economic Times.