Key Financial Figures

Consolidated Results (₹ in Crores):

Quarter Ended September 30, 2026:

  • Total Income: ₹2,602.10 (up 37% YoY from ₹1,899.77 in Q2 FY26)
  • Profit Before Tax: ₹241.45 (vs. loss of ₹46.27 in Q2 FY25)
  • Net Profit: ₹207.30 (vs. ₹175.45 in Q2 FY25)
  • Net Profit Attributable to Owners: ₹192.62 (up 50% YoY from ₹128.41)
  • EPS (Basic): ₹2.19 (vs. ₹1.86 in Q2 FY25)

Half Year Ended September 30, 2026:

  • Total Income: ₹5,020.91 (up 20% YoY from ₹4,180.85)
  • Net Profit: ₹341.67 (vs. ₹278.14 in H1 FY25)
  • Net Profit Attributable to Owners: ₹314.84 (up 61% YoY from ₹195.18)
  • EPS (Basic): ₹3.61 (vs. ₹2.97 in H1 FY25)

Standalone Results (₹ in Crores):

Quarter Ended September 30, 2026:

  • Total Income: ₹189.14
  • Net Profit: ₹30.64
  • EPS (Basic): ₹0.32

Half Year Ended September 30, 2026:

  • Total Income: ₹433.92
  • Net Profit: ₹100.52
  • EPS (Basic): ₹1.06

Business Segment Performance (Q2 FY26 Consolidated):

  • Alternative Asset Management: Revenue ₹279.88 Cr, PBT ₹112.27 Cr
  • Capital Business: Revenue ₹1,125.29 Cr, PBT ₹20.40 Cr
  • Insurance Business: Revenue ₹950.46 Cr, PBT loss ₹17.10 Cr
  • Asset Reconstruction: Revenue ₹195.13 Cr, PBT ₹124.72 Cr
  • Mutual Fund Business: Revenue not allocated, PBT not allocated

Strategic Developments

  • Completed strategic sale of Nido Home Finance Limited to an investor, resulting in dilution of stake and loss of control effective September 25, 2026
  • Recognized gain of ₹453 crores (pre-tax) and ₹386 crores (post-tax) from the Nido transaction
  • Successfully completed IPO of Edelweiss Alternatives (₹1,200 Cr)
  • Carlyle became strategic majority investor in Nido Home Finance with investment of ~₹2,000 Cr
  • Issued 9,450 equity shares to eligible employees on exercise of employee stock options during the quarter

Key Operational Metrics

  • Alternative Asset Management FPAUM: ₹49,164 Cr (up 28% YoY)
  • Mutual Fund Equity AUM: ₹1,07,600 Cr (up 40% YoY)
  • SIP Book: ₹618 Cr (up 26% YoY)
  • Asset Reconstruction: Recovered ₹1,387 Cr (up 13% YoY), Acquired ₹605 Cr assets (up 70% YoY)
  • MSME loans disbursed: ₹560 Cr (3x YoY growth)
  • General Insurance GWP: ₹366 Cr (up 40% YoY), turned profitable with PAT of ₹5 Cr
  • Life Insurance Gross Premium: ₹558 Cr (up 11% YoY), AUM: ₹11,067 Cr (up 13% YoY)

Balance Sheet Position (Consolidated as of September 30, 2026)

  • Net Worth: ₹5,615 Cr
  • Consolidated Net Debt: ₹8,435 Cr (down 26% YoY)
  • Corporate Net Debt: ₹5,415 Cr (down 18% YoY)
  • Total Assets: ₹42,233 Cr
  • Capital adequacy over 23% across credit entities

Board Meeting Details

  • Meeting held on November 13, 2026
  • Commenced at 10:40 a.m., concluded at 1:15 p.m.

Auditor's Review

  • Nangia & Co. LLP reviewed both consolidated and standalone results
  • Nothing came to their attention causing belief that statements contain material misstatement
  • Relied on reports of other auditors for 19 subsidiaries and 1 associate

Subsequent Events

  • EAAA Alternatives Limited (subsidiary) listed on BSE and NSE on November 2, 2026 (no impact on reported results)