Mumbai, July 10 -- Total expenses for the period under review added up to Rs 180.1 crore, up 14.1% YoY. This was primarily due to higher employee expenses (up 13.4% YoY) and higher other expenses (up 15.8% YoY).

Profit before tax in Q1 FY27 stood at Rs 156.3 crore, up by 6.5% from Rs 18.41 crore in Q1 FY26.

Assets Under Management (AUM) as on 30 June 2026 was Rs 1,06,300 crore, up 21% YoY.

Rakesh Rawal, chief executive officer, and Feroze Azeez, joint chief executive officer, said: "This performance reflects our continued ability to attract new clients and deepen existing relationships, even in a challenging market environment.

We onboarded 1,611 new client families on net basis over the last twelve months, taking our total client bas...