Prudent earnings rose in the July–September 2026 quarter, with operating profit up 42.4% year over year to ₹102.8 crore and equity net sales reaching a quarterly record of ₹4,138 crore.

Prudent earnings and revenue

Prudent Corporate Advisory Services reported revenue from operations of ₹388.7 crore for the second quarter of fiscal 2027, up 21.6% from a year earlier. Quarterly average assets under management in its mutual fund business grew 20.7%, while its insurance segment grew 46%.

Operating profit margin widened to 26.4% from 22.6%. Profit after tax rose 33.9% to ₹71.7 crore, a slower rate than operating profit growth because of mark-to-market reversals in other income.

Prudent shares closed at ₹2,964.80 on the National Stock Exchange on October 28, 2026, up 2.89% on the day.

Mutual fund and investment business

The company’s monthly systematic investment plan, or SIP, book reached ₹1,272 crore in September, up 17% year over year. Its share of SIP flows rose to 3.7% from 3.5%, while its equity mutual fund market share increased to 2.70% from 2.59%.

Prudent’s group history began with mutual fund distribution before expanding into other financial services, including insurance. Its specialized investment fund business had ₹900 crore in assets under management, with partners rising to 1,792 from 1,323 in the preceding quarter.

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