
Prime Securities Reports Quarterly Results, Posts Turnaround in Profitability Amid Investment Banking Growth
Prime Securities Limited has announced its unaudited consolidated financial results for the quarter ended June 30, 2026. The company reported a notable improvement in pre-exceptional profit and net profit after tax (PAT), as it continues to expand its investment banking and wealth management vertical through Prime Trigen Wealth.The operational review of the statements was conducted by independent auditors and approved by the Board of Directors, reflecting the Group’s focus on building annuity revenue streams through franchise businesses like Trigen Wealth, designed to stabilize the often sporadic nature of investment banking.
Financial Highlights (Consolidated)
For the quarter ended June 30, 2026, Prime Securities generated a total income of 3,368 lakhs. This marks an improvement compared to previous periods, with the company achieving pre-exceptional profit before tax (PBT) and PAT in the current quarter.The consolidated performance figures for the quarter are summarized below:
| Metric | Qtr ended June 30, 2026 | Qtr ended March 31, 2026 | Qtr ended June 30, 2025 | Year ended March 31, 2026 |
|---|---|---|---|---|
| Total Income | 3,368 lakhs | 3,078 lakhs | 4,691 lakhs | 13,799 lakhs |
| Profit before Exceptional Items and Tax (PBT) | 639 lakhs | (594) lakhs | 1,646 lakhs | 1,839 lakhs |
| Profit after Tax | 236 lakhs | (1,292) lakhs | 1,088 lakhs | 1,433 lakhs |
The consolidated results reflect the company's diversification and growth initiatives. The operational costs related to human capital expenditure in the Group rose significantly, with employee benefit expenses reaching 2,129 lakhs for the quarter ended June 30, 2026, compared to 1,191 lakhs in the corresponding period of Q1 FY26.
Strategic Growth and Operational Metrics
The expansion of the wealth management vertical, Prime Trigen Wealth, is highlighted as a key strategic focus. The company reported that its Assets Under Management (AUM) and Assets Under Administration (AUA) surpassed INR 5,000 Crores as of June 30, 2026.Prime Trigen Wealth has onboarded over 1,400 clients and 750 families across 14 locations. The Group currently maintains a total headcount of 147 employees. Management expressed an outlook for the company’s stability through these initiatives, aiming to achieve break-even status for Trigen Wealth within five or six quarters.
Auditor's Review and Associate Observations
The Independent Auditor's review report highlighted several specific items regarding subsidiaries and associates:- Prime Research and Advisory Limited: The auditor drew attention to a settlement agreement reached by the company with a customer on June 4, 2026, concerning corporate advisory services. Following this settlement, Prime Research and Advisory recognized an additional allowance of 133 lakhs as an Exceptional Item in the Statement of Profit and Loss due to the reassessment of receivable recoverability.
- Ark Neo Financial Services Private Limited (Associate): The review noted that the recognition of Deferred Tax Assets by the associate was based on management’s assessment of probable future taxable profits, given the approved business plans and projected financial support from promoters/investors.
The consolidated results included various entities, with Prime Research and Advisory Limited operating as a wholly-owned subsidiary, while Ark Neo Financial Services Private Limited is an associated company.
PRIMESECU Stock Price Movement
Today, Prime Securities Limited shares surged to settle at ₹279.4, marking a robust 4.2% gain after the market close. The equity traded within an intraday range of ₹269.7 to ₹285, with total volume reaching 95,578 shares.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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