Religare Enterprises Reports Net Loss of Rs 98 Cr in Q2

New Delhi: Religare Enterprises on Thursday reported a consolidated net loss of Rs 98 crore for the second quarter ended September 2026.

The Burman family-controlled financial services firm had posted a consolidated net profit of Rs 46 crore in the July-September period of the previous fiscal.

Its total income rose to Rs 2,390 crore during the second quarter of the current financial year from Rs 2,089 crore in the year-ago period, Religare Enterprises said in a regulatory filing.

During the quarter, total expenses rose to Rs 2,518 crore against Rs 2,031 crore in the same period a year ago.

Last week, the Reserve Bank of India (RBI) approved the appointment of Anand Burman, Mohit Burman, Aditya Burman and Jimeet Modi to the company’s board.

The company’s subsidiary Religare Finvest resumed lending after the removal of the Corrective Action Plan (CAP) imposed by the RBI.

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