Board Meeting Details
The Board of Directors meeting was held on Saturday, July 25, 2026, commencing at 12:30 PM and concluding at 1:50 PM. The meeting considered and approved the un-audited standalone and consolidated financial results for the quarter ended June 30, 2026.
Financial Results - Standalone (₹ in lakhs)
Quarterly Performance Comparison
| Particulars | Q1 FY27 (Jun 30, 2026) | Q4 FY26 (Mar 31, 2026) | Q1 FY26 (Jun 30, 2025) | FY26 (Mar 31, 2026) |
| Revenue from Operations | | | | |
| Commission and fees income | 33,657.14 | 34,445.90 | 27,257.52 | 1,25,148.49 |
| Interest income | 217.36 | 211.96 | 215.70 | 830.13 |
| Net gain on fair value changes | 112.83 | 53.79 | 59.41 | 243.97 |
| Total Revenue from Operations | 33,987.33 | 34,711.65 | 27,532.63 | 1,26,222.59 |
| Other income | 1,302.36 | 141.53 | 771.85 | 2,222.43 |
| Total Income | 35,289.69 | 34,853.18 | 28,304.48 | 1,28,445.02 |
| Expenses: | | | | |
| Commission and fees expenses | 18,921.84 | 19,743.27 | 17,101.44 | 75,761.13 |
| Employee benefits expense | 3,852.72 | 3,117.59 | 2,693.99 | 12,151.52 |
| Finance costs | 154.00 | 149.66 | 53.85 | 415.76 |
| Impairment on financial instruments | 0.27 | - | (0.02) | 0.18 |
| Depreciation and amortization expense | 741.12 | 725.33 | 656.80 | 2,821.25 |
| Other expenses | 2,428.10 | 2,891.27 | 1,242.76 | 8,245.11 |
| Total Expenses | 26,098.05 | 26,626.93 | 21,748.82 | 99,394.95 |
| Profit before Tax | 9,191.64 | 8,226.25 | 6,555.66 | 29,050.07 |
| Tax Expense: | | | | |
| Current tax | 2,132.65 | 2,089.80 | 1,623.67 | 7,012.93 |
| Deferred tax | 199.24 | (7.54) | 42.93 | 376.80 |
| Total Tax Expense | 2,331.89 | 2,082.26 | 1,666.60 | 7,389.73 |
| Profit after Tax | 6,859.75 | 6,143.99 | 4,889.06 | 21,660.34 |
| Other Comprehensive Income/(Loss) | 16.99 | (24.56) | (13.19) | (3.91) |
| Total Comprehensive Income | 6,876.74 | 6,119.43 | 4,875.87 | 21,656.43 |
| Paid-up Equity Share Capital | 2,070.33 | 2,070.33 | 2,070.33 | 2,070.33 |
| Earnings per Share (₹): | | | | |
| Basic EPS | 16.57 | 14.84 | 11.81 | 52.31 |
| Diluted EPS | 16.57 | 14.84 | 11.81 | 52.31 |
Financial Results - Consolidated (₹ in lakhs)
Quarterly Performance Comparison
| Particulars | Q1 FY27 (Jun 30, 2026) | Q4 FY26 (Mar 31, 2026) | Q1 FY26 (Jun 30, 2025) |
| Revenue from Operations | | | |
| Commission and fees income | 34,432.06 | 35,793.50 | 29,100.86 |
| Interest income | 217.36 | 211.96 | 215.70 |
| Net gain on fair value changes | 113.86 | 53.88 | 59.41 |
| Total Revenue from Operations | 34,763.08 | 36,059.34 | 29,375.97 |
| Other income/(loss) | 2,083.20 | (468.24) | 1,026.10 |
| Total Income | 36,846.28 | 35,591.10 | 30,402.67 |
| Expenses: | | | |
| Commission and fees expenses | 19,992.55 | 19,878.32 | 17,301.17 |
| Employee benefits expense | 4,177.06 | 3,510.50 | 3,144.64 |
| Finance costs | 167.53 | 163.73 | 69.05 |
| Impairment on financial instruments | 0.27 | (0.19) | (0.02) |
| Depreciation and amortization expense | 799.98 | 786.60 | 725.45 |
| Other expenses | 2,685.98 | 3,370.11 | 2,203.79 |
| Total Expenses | 26,823.37 | 27,709.07 | 23,444.08 |
| Profit before Tax | 10,022.91 | 7,882.03 | 6,958.59 |
| Tax Expense: | | | |
| Current tax | 2,174.76 | 2,138.86 | 1,129.12 |
| Deferred tax | 372.45 | (167.87) | 51.63 |
| Total Tax Expense | 2,547.21 | 1,970.89 | 1,780.75 |
| Profit after Tax | 7,475.70 | 5,911.14 | 5,177.84 |
| Other Comprehensive Income/(Loss) | 20.77 | (18.33) | (14.66) |
| Total Comprehensive Income | 7,496.47 | 5,892.81 | 5,163.18 |
| Paid-up Equity Share Capital | 2,070.33 | 2,070.33 | 2,070.33 |
| Earnings per Share (₹): | | | |
| Basic EPS | 18.05 | 14.28 | 12.50 |
| Diluted EPS | 18.05 | 14.28 | 12.50 |
Subsidiary Information
The consolidated results include the following entities:
- Prudent Corporate Advisory Services Limited (Parent)
- Gennext Insurance Brokers Private Limited (Subsidiary)
- Prutech Financial Services Private Limited (Subsidiary)
The subsidiaries contributed total revenues of ₹1,556.59 lakhs and net profit after tax of ₹615.95 lakhs for the quarter ended June 30, 2026.
Auditor Review
Deloitte Haskins & Sells (Firm Registration No. 117365W) conducted limited reviews of both standalone and consolidated financial results. Partner Hardik Sutaria (Membership No. 116642) signed the review reports dated July 25, 2026, from Ahmedabad.
The auditor's report states that nothing came to their attention that causes them to believe the financial results contain any material misstatement. The review was conducted in accordance with SRE 2410 issued by ICAI.
For the consolidated results, Deloitte relied on review reports from other auditors for the two subsidiaries, whose financial information represented total revenues of ₹1,556.59 lakhs and net profit of ₹615.95 lakhs for the quarter.
Business Segment Information
The Company operates in only one reportable business segment: distribution and sale of financial products (Mutual Funds, Bonds, Fixed Deposits, Structured Products, Stock Broking, Insurance, etc.) within India.
Notes to Financial Results
- The figures for the quarter ended March 31, 2026, are balancing figures between audited full-year figures and published unaudited year-to-date figures up to the third quarter ended December 31, 2025
- The financial results were reviewed by the Audit Committee before Board approval
- The results are unaudited but subject to limited review by statutory auditors