Religare Enterprises Ltd. has reported a 16.4% year-on-year (YoY) decline in net profit, totaling ₹151.3 crore for Q4 FY25. Despite the profit dip, the company’s revenue from operations grew 9.3% YoY, reaching ₹2,028 crore.
Key Financial Highlights
- Net Profit: ₹151.3 crore, down from ₹181 crore in Q4 FY24.
- Revenue Growth: ₹2,028 crore, up from ₹1,855.7 crore in the previous fiscal.
- Stock Performance: Shares closed at ₹219, up 0.57% on the BSE.
Burman Group’s Takeover & Strategic Direction
Earlier this year, the Burman family acquired control of Religare Enterprises, securing a 25.16% stake through an open offer. Their total holding now exceeds 50%, making them the largest shareholders in the company.
Market Reaction & Investor Sentiment
Following the earnings announcement, Religare Enterprises’ stock surged 6.6%, hitting an intraday high of ₹234 before closing at ₹207.05. Analysts attribute the stock movement to investor optimism surrounding the Burman Group’s strategic leadership.
With revenue growth and a new leadership structure, Religare Enterprises is poised for long-term expansion despite near-term profit fluctuations.
For more updates on market trends and corporate earnings, stay tuned!
