More Stories

Informist, Tuesday, May 12, 2026

--Religare Ent Q4 consol net profit INR 822.09 mln vs INR 984.84 mln yr ago 

--Religare Ent Jan-Mar consol revenue INR 24.67 bln vs INR 20.42 bln yr ago 

--Religare Ent FY26 consol net profit INR 859.58 mln vs INR 1.25 bln yr ago 

--Religare Ent FY26 consol revenue INR 84.59 bln vs INR 73.78 bln yr ago 

By Meera Nair

MUMBAI – A rise in other expenses and employee benefits expenses pulled down the profit of Religare Enterprises Ltd. for the quarter ended March. The company posted a consolidated net profit of INR 822.09 million for the quarter, against a net profit of INR 984.84 million a year ago.

The fall in net profit was despite a significant increase in revenue. Revenue from operations for the quarter rose almost 21% from a year ago to INR 24.67 billion and rose 20% sequentially.

For the March quarter, the company's other expenses rose to INR 14.42 billion, up over 24% on year. Meanwhile, its employee benefits expenses rose to INR 3.42 billion from INR 2.56 billion a year ago. The total expenses for the reporting quarter rose 28.36% on year to INR 23.46 billion; sequentially, they rose 8.07%. 

A rise in net loss on fair value changes also weighed on the company's bottomline. Net loss on fair value changes skyrocketed to INR 716.5 million from just INR 6.3 million a year ago. 

The bottom line was supported by a sharp increase in income from insurance premiums, which rose 19% to INR 21.32 billion in the March quarter. A rise in intererst income, which rose 40% to INR 2.61 billion, also supported the net profit. 

For the year ended March, the company's consolidated net profit was INR 859.58 million, down from INR 1.25 billion a year ago. Revenue from operations for the period rose to INR 84.59 billion from INR 73.78 billion a year ago.

On Tuesday, shares of Religare Enterprises closed almost 3% lower at INR 222.30 on the National Stock Exchange.  End

Edited by Avishek Dutta

For users of real-time market data terminals, Informist news is available exclusively on the NSE Cogencis WorkStation.

Cogencis news is now Informist news. This follows the acquisition of Cogencis Information Services Ltd. by NSE Data & Analytics Ltd., a 100% subsidiary of the National Stock Exchange of India Ltd. As a part of the transaction, the news department of Cogencis has been sold to Informist Media Pvt. Ltd.

Informist Media Tel +91 (22) 6985-4000

Send comments to feedback@informistmedia.com

© Informist Media Pvt. Ltd. 2026. All rights reserved.