Mumbai, Feb. 16 -- Revenue from operations jumped 23.25% YoY to Rs 2056.38 crore during the quarter. The company reported pre-tax loss of Rs 103.09 crore in Q3 FY26 comapred with pre-tax loss of Rs 78.90 crore in corresponding quarter last year.
Meanwhile, the board of Religare Enterprises (REL) and its wholly owned subsidiary, Religare Finvest (RFL), have approved the separation of the financial services and insurance businesses into two independently listed entities.
The financial services business - including lending, broking, investment activities, and related ancillary and support services - will be transferred to RFL on a going concern basis. As consideration for the demerger, RFL will issue fully paid-up equity shares to REL shar...
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