Gaja Alternative Asset Management announced Q1FY27 results Consolidated Financial Highlights: Revenue from Operations: The consolidated revenue from operations for Q1FY27 stood at Rs 1,563.62 lakh, marking a decline of 20.28% from Rs 1,961.50 lakh in Q4FY26 (QoQ) and a drop of 49.16% compared to Rs 3,075.86 lakh in Q1FY26 (YoY). Total Income: The total income for Q1FY27 was Rs 5,182.82 lakh, showcasing a robust growth of 147.99% against Rs 2,089.94 lakh in Q4FY26 (QoQ) and a 25.73% increase from Rs 4,122.26 lakh in Q1FY26 (YoY). Profit Before Tax: The company reported a profit before tax of Rs 3,192.91 lakh in Q1FY27, surging by 1,009.49% from Rs 287.78 lakh in Q4FY26 (QoQ) and up by 34.22% from Rs 2,378.79 lakh in Q1FY26 (YoY). Profit for the Period (PAT): Consolidated net profit for Q1FY27 reached Rs 2,721.53 lakh, a substantial jump of 677.76% from Rs 349.92 lakh in Q4FY26 (QoQ) and a 35.45% increase compared to Rs 2,009.19 lakh in Q1FY26 (YoY). Earnings per Share (EPS): Basic and Diluted EPS (annualised) stood at Rs 9.50 for Q1FY27, compared to Rs 1.22 in Q4FY26 and Rs 7.41 in Q1FY26. Standalone Financial Highlights: Revenue from Operations: Standalone revenue for Q1FY27 was Rs 1,409.19 lakh, reflecting a slight decline of 4.20% from Rs 1,470.99 lakh in Q4FY26 (QoQ) and a decrease of 7.95% from Rs 1,530.91 lakh in Q1FY26 (YoY). Total Income: Standalone total income stood at Rs 3,420.40 lakh in Q1FY27, registering a significant increase of 123.63% from Rs 1,529.45 lakh in Q4FY26 (QoQ) and growing by 51.27% from Rs 2,261.08 lakh in Q1FY26 (YoY). Profit Before Tax: The company achieved a standalone profit before tax of Rs 1,774.73 lakh in Q1FY27, successfully turning around from a loss of Rs 200.32 lakh in Q4FY26 (QoQ) and improving by 117.09% compared to Rs 817.51 lakh in Q1FY26 (YoY). Profit for the Period (PAT): Standalone net profit for Q1FY27 was Rs 1,401.19 lakh, recovering from a net loss of Rs 121.61 lakh in Q4FY26 (QoQ) and growing by 141.54% from Rs 580.11 lakh in Q1FY26 (YoY). Business Highlights: Initial Public Offering (IPO): The company successfully completed its IPO comprising 3,43,75,000 equity shares of face value Rs 5 each at an issue price of Rs 160 per share. This included an offer for sale of 62,50,000 equity shares and a fresh issue of 2,81,25,000 equity shares. The equity shares were listed on BSE Limited and the National Stock Exchange of India Limited on August 26, 2026. Segment-wise Performance: The company is primarily engaged in managing and advising funds, including Domestic Venture Capital Funds (DVCFs) and Alternative Investment Funds (AIFs) (including offshore funds), which provide capital to companies in India. Consequently, there are no separate reportable segments as per Ind AS 108. Bonus Shares Impact: The computation of Basic and Diluted EPS across all presented periods retrospectively considers the impact of bonus equity shares allotted on June 19, 2025, in the proportion of 2,500 bonus equity shares for every 1 equity share held by eligible shareholders. Gopal Jain, Managing Director & CEO, said: "This quarter marks an important milestone for us as we complete our transition to a listed pure-play alternatives asset management company. Our financial performance reflects the strength of the underlying franchise: total income for the quarter grew 26% YoY to Rs 51.8 crore and PAT grew 35% YoY to Rs 27.2 crore, while operating leverage drove our cost-to-income ratio down to 38.4% from 42.3% a year ago. Net worth grew 19% YoY to Rs 633.6 crore, and the Board's recommendation of a 15% final dividend for FY26 reflects our confidence in sustained cash generation. With Fund V now cleared by SEBI for launch, we are well positioned to deepen our platform across the alternatives ecosystem." Result PDF