Pioneer Investcorp Approves ₹300 Crore NCD Issue Alongside Q1 Results

Q1 FY27 Consolidated Results YoY: Revenue at 6.7 Cr vs 15.3 Cr, down 56.3%. EBITDA at 4.9 Cr vs 8.6 Cr, down 43.6%; Other Income rose to 1.7 Cr from 0.3 Cr, up 421.2%, flattering reported operating performance. EBITDA Margin at 72.5% vs 56.2%, expansion of 1630bps. PAT at 2.0 Cr vs 3.6 Cr, down 45.3%; employee costs declined 5.1% versus revenue decline of 56.3%. The Board approved issuance of secured or unsecured redeemable NCDs of up to 300 Cr through private placement, subject to shareholder approval.