HOME > MARKETS > COMPANY NEWS
  COMPANY NEWS
COMPANY
Piramal Enterprises turns black in Q4
May-09-2024

Piramal Enterprises has reported results for fourth quarter (Q4) and year ended March 31, 2024.

The company has reported net profit of Rs 953.54 crore for the quarter under review as compared to net loss of Rs 56.88 crore for the same quarter in the previous year. Total income of the company increased by 658.37% at Rs 1,433.69 crore for Q4FY24 as compared Rs 189.05 crore for the corresponding quarter previous year.

On consolidated basis, the company has reported net profit of Rs 137.09 crore for fourth quarter ended March 31, 2024 as compared to net loss of Rs 195.87 crore for the same quarter in the previous year. Total income of the company increased by 17.97% at Rs 2,528.16 crore for Q4FY24 as compared Rs 2,143.02 crore for the corresponding quarter previous year. 

For the year ended March 31, 2024, the company has reported 96.69% fall in net profit at Rs 474.05 crore as compared to Rs 14,333.31 crore for the previous year. Total income of the company decreased by 20.92% at Rs 3,825.21 crore for year under review as compared to Rs 4,837.13 crore for year ended March 31, 2023.

For the year ended March 31, 2024, on the consolidated basis, the company has reported net loss of Rs 1,683.53 crore as compared to net profit of Rs 9,968.58 crore for the previous year. Total income of the company increased by 12.01% at Rs 10,178.36 crore for year under review as compared to Rs 9,086.74 crore for year ended March 31, 2023. 


  RELATED NEWS >>