Religare Enterprises Limited Announces Quarterly Results for June 30, 2026: Net Loss Recorded

Religare Enterprises Limited Announces Quarterly Results for June 30, 2026: Net Loss Recorded​

Religare Enterprises Limited released its Un-Audited Standalone Financial Statements and segment-wise results for the quarter ended June 30, 2026. The company reported a net profit/loss of (961.97) lakh rupees, alongside detailed operational data across its various segments.

The Board of Directors reviewed and approved the financial statements on August 12, 2026, which were subjected to Limited Review by M/s J C Bhalla & Co., Statutory Auditors.

Financial Performance Highlights (Quarter Ended June 30, 2026)​

For the quarter ended June 30, 2026, Religare Enterprises reported total income of 438.17 lakh rupees, against total expenses of 1,400.14 lakh rupees. This resulted in a Profit/ (Loss) Before Tax of (961.97) lakh rupees.

The company’s performance across the different business segments during the quarter included:

• Lending Activities: Total Segment Revenue was 77.49 lakh rupees, resulting in segment results of (300.12) lakh rupees.
• Broking Activities: Segment Revenue stood at 137.39 lakh rupees, with segment results reporting a loss of (459.42) lakh rupees.
• Investment -Others: This segment generated revenue of 87.53 lakh rupees and recorded a result of 85.28 lakh rupees.
• Insurance Activities: Segment Revenue was 2.93 lakh rupees, and the corresponding results were (12.57) lakh rupees.

The company's total income for the quarter stood at 438.17 lakh rupees, with Other Income contributing 186.49 lakh rupees. Total expenses during the period amounted to 1,400.14 lakh rupees.

Balance Sheet and Corporate Transactions​

As of June 30, 2026, the company’s financial position is summarized as follows:


Key Transactions and Corporate Activities:

• Share Allotment: During the quarter, Religare Enterprises received 14,705 lakh rupees from five share warrant holders for the conversion of 83,43,263 warrants. The corresponding shares were allotted on June 04, 2026.
• Demerger Status: A Scheme of Arrangement providing for the demerger of the financial services business—comprising lending and brokering activities—of Religare Enterprises Limited into Religare Finvest Limited (RFL) was approved by the Board in February 2026. The insurance business, including investment in Care Health Insurance Limited, will remain with Religare Enterprises Limited.
• Governance Review: A governance review of the company and its subsidiaries, including Religare Finvest Limited and Religare Housing Development Finance Corporation Limited, is currently underway.

Cash Flow from Operating Activities​

The cash flow statement for the quarter ended June 30, 2026, showed significant movement in operating activities. Net Cash used in Operating Activities stood at (2,222.35) lakh rupees. The company recorded a finance cost of 22.81 lakh rupees and an ECL/Impairment loss made/(reversal) of 4.03 lakh rupees.

Ongoing Litigation and Compliance Matters​

The companies continues to manage several litigation matters:

• Tax Litigations: Management considers the ongoing income tax litigations as contingent liabilities, having not recognized any provision for tax in the financial results.
• Preference Share Disputes: The company has not redeemed 15 lakhs preference shares issued to Oscar Investments Limited, which became due on October 31, 2013. REL is also dealing with a dispute regarding 250 Lakhs preference shares issued to RHC Finance Pvt. Limited, filed before the NCLT, Delhi, alleging fraudulent practices.

The financial results of Religare Enterprises Limited were approved by its Board of Directors in their respective meetings held on August 12, 2026.

RELIGARE Stock Price Movement​

On Wednesday, shares of Religare Enterprises Limited gained 5.59% to settle at ₹237.50. The stock demonstrated solid trading interest throughout the session, with a total traded volume registering 1.14 million shares.