Religare Enterprises Limited reported its Un-Audited Standalone and Consolidated Financial Results for the quarter ended June 30, 2026. The company posted a net loss of ₹961.97 lakhs for the standalone results. In a significant management change, Mr. Arjun Lamba has been re-designated as Managing Director, effective August 12, 2026, subject to shareholder approval. The company also detailed its business performance across key segments, including Care Health Insurance, Religare Broking, and Religare Finvest.
Financial Performance for Q1 FY27
Religare Enterprises Limited has announced its financial results for the first quarter of the fiscal year 2027, ending June 30, 2026. The company reported a consolidated net loss of ₹961.88 lakhs for the quarter. On a standalone basis, the net loss for the quarter stood at ₹961.97 lakhs. This comes as the company focuses on strategic growth initiatives and leadership enhancements.
Leadership Appointment
In a key development, the Board of Directors has approved the re-designation of Mr. Arjun Lamba (DIN: 00124804) as the Managing Director (MD) of the company. Previously serving as an Executive Director in the capacity of Whole-time Director, this appointment is effective from August 12, 2026, and is subject to shareholder approval. Mr. Lamba’s term of appointment as MD will commence from April 01, 2026, for a period of five years.
Business Highlights
Care Health Insurance Limited (CHIL)
CHIL demonstrated robust performance with Gross Written Premium growing 37% year-on-year to ₹3247 crore in Q1 FY27. Profit Before Tax (PBT) saw a substantial increase of 59% YoY, reaching ₹163 crore. The company also successfully completed a rights issue of ₹150 crore in June 2026, maintaining an adequate solvency ratio.
Religare Broking Limited (RBL)
RBL reported a total income of ₹99.5 crore, marking a 7% YoY growth. Profit After Tax (PAT) increased by 65% YoY to ₹7.5 crore for the quarter. Assets Under Custody reached ₹47,946 crore as of June 30, 2026.
Religare Finvest Limited (RFL)
RFL’s performance in Q1 FY27 showed a Total Income of ₹14.4 crore and a PAT of ₹15.1 crore, driven by strong recoveries. The company boasts a Net Worth of INR 914 crore and a healthy cash balance of ₹609 crore, positioning it for a business restart.
The company’s press release also highlighted strategic capital deployment, continued business momentum, and strengthened governance standards across its operations.
Source: BSE
