Religare Enterprises share price jumped by 6.6% on Wednesday, reaching an intraday high of ₹234 per share on the BSE. This surge came after the company announced its fourth-quarter financial results. By 12:45 PM, the stock was trading at ₹228.85, up 4.28%, while the BSE Sensex rose 0.41% to 81,523. The company's market capitalisation stood at ₹7,567.01 crore. The stock's 52-week high is ₹319.9, and its 52-week low is ₹201.
Religare Enterprises announced its Q4FY25 results on May 20, 2025, after market hours. The company reported a consolidated net profit of ₹151.3 crore, which is 17% lower than ₹181 crore in the same quarter last year. However, this marked a strong recovery from a loss of ₹36.28 crore in the previous quarter (Q3FY25).
The company's revenue from operations rose by 9.3% year-on-year to ₹2,028.4 crore in Q4FY25, up from ₹1,855.68 crore in Q4FY24. It also showed improvement over Q3 revenue, which stood at ₹1,664.4 crore. This indicates a steady increase in business activity.
In February 2025, the Burman family officially took control of Religare Enterprises and was named the company’s promoters after an 18-month-long takeover battle. The Burmans, known for their association with the Dabur group, expressed gratitude to regulators, shareholders, and stakeholders for their support. They aim to collaborate with Religare’s leadership to strengthen the company’s strategic direction and long-term growth.
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The takeover saga began in September 2023 when the Burmans, after reaching a 25% stake in Religare, made an open offer to buy an additional 26%. This offer faced resistance from the then-chairperson, Rashmi Saluja, and other board members, who argued that the offered price of ₹235 per share undervalued the company. They also raised concerns about whether the Burmans met the "fit and proper" criteria required by regulators. The Burman family defended their position, stating that they already manage insurance and NBFC businesses successfully and meet all regulatory norms.
Religare Enterprises’ strong recovery in Q4 earnings and growing revenue signal improving fundamentals. With the Burman family now at the helm, investor confidence is rising on expectations of clearer strategic direction and long-term growth. The recent stock surge reflects this renewed optimism, positioning the company for future gains.
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Published on: May 21, 2025, 4:22 PM IST
Kusum Kumari
Kusum Kumari is a Content Writer with 4 years of experience in simplifying financial market concepts. Currently crafting insightful content at Angel One, She specialise in breaking down complex topics into easy-to-understand pieces, blending expertise in market fundamentals and technical analysis.
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