Gaja Gaja Alternative Asset Management Limited has uploaded the full transcript of its Q1FY27 earnings conference call. The call was conducted on September 10, 2026, to discuss financial results for the quarter ended June 30, 2026.

The disclosure is made under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company had previously intimated the schedule on September 4, 2026. The transcript was formally disclosed to the exchanges on September 17, 2026.

Call Details

The earnings call took place at 4:00 pm IST. Senior management participated to provide insights into operational and financial outcomes. The following executives were confirmed attendees:

• Ranjit Shah, Executive Vice-Chairman
• Gopal Jain, Managing Director & CEO
• Abhinav Jain, Chief Financial Officer
• Imran Jafar, Executive Director
• Sushane Chopra, Partner

Accessing the Recording

Investors and analysts can access the audio file directly from the company's website. The recording is hosted at a dedicated link provided by the firm.

The company secretary, Ishu Jain, signed the disclosure letter confirming the upload. The details are also posted on the corporate website for public reference.

Gaja Alternative Asset Management reported a consolidated net profit of ₹272.2 crore for the quarter ended June 30, 2026, marking a 36% year-on-year increase from ₹200.9 crore in the same period last year.

The Mumbai-based alternative investment fund manager also proposed a final dividend of ₹0.75 per equity share for FY26 during its board meeting held on September 10, 2026.

Financial Performance

Consolidated revenue from operations fell 49% YoY to ₹156.4 crore, down from ₹307.6 crore in Q1FY26. However, total income rose 26% to ₹518.3 crore, driven by a significant jump in other income.

Standalone net profit surged 142% YoY to ₹140.1 crore, compared to ₹58.0 crore in the prior year period. Standalone revenue from operations declined 8% to ₹140.9 crore.

What the Numbers Show

Other income constituted 70% of total consolidated income in Q1FY27, rising sharply to ₹361.9 crore from ₹104.6 crore a year ago. This non-operating component was the primary driver of the profit growth, offsetting the nearly 50% decline in core operating revenue. The divergence between falling operational revenue and surging other income highlights a reliance on non-recurring or investment-linked gains rather than fee-based business expansion for this quarter's bottom line.

Key Developments

• The company completed its initial public offering, listing on BSE and NSE on August 26, 2026.
• Nangia & Co LLP served as the independent auditor for the limited review of the unaudited financial results.
• The trading window for designated persons remains closed until September 12, 2026.