Key Takeaways
- • Gaja Alternatives reported a 128% year-on-year... Actually the primary source says net profit rose 128% to Rs. 64.7 crore for the quarter ending September of FY2026-27, up from Rs. 27.2 crore in the prior quarter.
- • Quarterly revenue reached Rs. 65.5 crore, up 26% from the previous quarter.
- • First-half FY27 total income was INR 117.3 crore and profit after tax was INR 91.9 crore, with PAT up 48% over the first half of FY26, according to CEO Gopal Jain.
- • The company declared an interim dividend of 50 paise per share, following a 75 paise dividend for FY26, and reports net worth above INR 1,100 crore with no debt.
- • Gaja Alternatives, listed on August 26, is described as the first listed pure-play private equity asset manager and manages four category II alternative investment funds.
Summary
Gaja Alternatives, described as the first listed pure-play private equity asset manager, reported a 128% rise in net profit to Rs. 64.7 crore for the quarter ending September of financial year 2026-27, up from Rs. 27.2 crore in the previous quarter. Quarterly revenue was Rs. 65.5 crore, rising 26% from the prior quarter. The company was listed on 26 August.
The company manages four category II alternative investment funds. In the first half of FY27, it earned total income of INR 117.3 crore and profit after tax of INR 91.9 crore. Managing director and chief executive officer Gopal Jain said profit after tax grew 48% over the first half of FY26 and that income came from three of the company's funds. The Board declared an interim dividend of 50 paise per share, following a 75 paise dividend for FY26.
Jain also said the company had strengthened its balance sheet, with net worth now exceeding INR 1,100 crore and no debt. Fund IV made two new investments during the quarter, bringing its portfolio to nine companies, and the fund's deployment stands at 87% of committed capital. The quarter also included a significant liquidity event from Fund II. Taken together, the company said first-half performance reflected income from three of its four Gaja Capital funds.
The company manages four category II alternative investment funds. In the first half of FY27, it earned total income of INR 117.3 crore and profit after tax of INR 91.9 crore. Managing director and chief executive officer Gopal Jain said profit after tax grew 48% over the first half of FY26 and that income came from three of the company's funds. The Board declared an interim dividend of 50 paise per share, following a 75 paise dividend for FY26.
Jain also said the company had strengthened its balance sheet, with net worth now exceeding INR 1,100 crore and no debt. Fund IV made two new investments during the quarter, bringing its portfolio to nine companies, and the fund's deployment stands at 87% of committed capital. The quarter also included a significant liquidity event from Fund II. Taken together, the company said first-half performance reflected income from three of its four Gaja Capital funds.
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