Religare Enterprises Limited has announced its unaudited standalone financial results for the quarter ended June 30, 2026. The company reported a net loss of ₹961.97 lakhs. The results, subjected to a limited review by statutory auditors M/s J C Bhalla & Co., were approved by the Board of Directors on August 12, 2026. Key figures include total revenue from operations of ₹251.68 lakhs and total expenses of ₹1,400.14 lakhs.
Religare Enterprises Announces Q1 FY27 Financial Results
Religare Enterprises Limited has released its unaudited standalone financial results for the quarter ended June 30, 2026. The Board of Directors approved these results at a meeting held on August 12, 2026. The financial statements have undergone a limited review by the statutory auditors, M/s J C Bhalla & Co.
Financial Performance Highlights
For the quarter ended June 30, 2026, Religare Enterprises reported a Net Profit/ (Loss) after tax of ₹(961.97) lakhs. This figure reflects a net loss for the period.
The company’s Total Revenue from Operations stood at ₹251.68 lakhs, with revenue from operations contributing ₹166.46 lakhs (including Interest Income of ₹166.46 lakhs and Net Gain on Fair Value Changes of ₹30.40 lakhs), and other operating income of ₹54.82 lakhs.
Total Expenses for the quarter amounted to ₹1,400.14 lakhs. These expenses include finance costs of ₹22.81 lakhs, employee benefits expense of ₹927.45 lakhs, depreciation and amortization expense of ₹50.48 lakhs, and other expenses of ₹395.37 lakhs.
Other Comprehensive Income and Equity
Other Comprehensive Income, net of tax, for the quarter was ₹0.09 lakhs. Consequently, Total Comprehensive Income / (loss) after tax was reported at ₹(961.88) lakhs.
As of June 30, 2026, the Paid-up Equity Share Capital was ₹34,123.37 lakhs. The Basic EPS (Earnings Per Share) for the quarter was ₹(0.29), and Diluted EPS was also ₹(0.29).
Segmental Performance Overview
Segmental reporting indicates that the Investment & Financing Activities segment recorded a total segment result of ₹(686.83) lakhs. The unallocated segment showed a loss before tax of ₹(961.97) lakhs. Segment assets for Investment & Financing Activities totalled ₹2,68,151.91 lakhs, while total liabilities for this segment were ₹743.00 lakhs.
Statement of Assets and Liabilities
As at June 30, 2026, the company’s Total Assets stood at ₹2,71,071.98 lakhs. Financial liabilities totalled ₹9,769.36 lakhs, and non-financial liabilities amounted to ₹859.32 lakhs. Total Equity was reported at ₹2,60,443.30 lakhs.
Cash Flow Statement
The statement of cash flows for the quarter ended June 30, 2026, shows Net Cash Used in Operating Activities of ₹(2,222.35) lakhs. Net Cash Used in Investing Activities was ₹(12,348.54) lakhs. The company generated Net Cash from Financing Activities amounting to ₹14,659.22 lakhs. The period concluded with an increase in cash and cash equivalents, resulting in a closing balance of ₹298.29 lakhs.
Notes on Financial Results
The financial results have been prepared in accordance with Indian Accounting Standards (Ind AS). The company has noted an issuance of 83,43,263 shares during the quarter. A significant ongoing matter involves preference shares issued to Oscar Investments Limited, which are subject to dispute and legal proceedings. Additionally, the company has ongoing litigation regarding income tax demands, with a favourable outcome anticipated, and thus no provision for tax has been recognized in the financial results.
Source: BSE
